Phunware Intrinsic Stock Value – PHUNWARE Reports 41.4% Decrease in Q3 FY2023 Revenue of USD 2.8 Million

🌥️Earnings Overview

PHUNWARE ($NASDAQ:PHUN) reported Q3 FY2023 total revenue of USD 2.8 million, representing a 41.4% decrease from the same quarter last year. Their net income was reported to be USD -19.0 million, a decline from the -8.0 million reported in the previous year’s quarter.

Analysis – Phunware Intrinsic Stock Value

GoodWhale recently conducted an analysis of PHUNWARE‘s wellbeing. After looking at various metrics, they determined that the intrinsic value of the company’s shares is around $1.1. This valuation was calculated using GoodWhale’s proprietary Valuation Line, a tool designed to accurately measure a company’s worth. Currently, PHUNWARE’s stock is trading at $0.2 per share, which is undervalued by 81.3%. This indicates that there may be a great investment opportunity in PHUNWARE, as investors may be able to purchase shares at prices significantly lower than their true value. More…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Phunware. PHUNWARE_Reports_41.4_Decrease_in_Q3_FY2023_Revenue_of_USD_2.8_Million”>More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Phunware. PHUNWARE_Reports_41.4_Decrease_in_Q3_FY2023_Revenue_of_USD_2.8_Million”>More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Phunware. PHUNWARE_Reports_41.4_Decrease_in_Q3_FY2023_Revenue_of_USD_2.8_Million”>More…

Key Ratios Snapshot

Some of the financial key ratios for Phunware are shown below. PHUNWARE_Reports_41.4_Decrease_in_Q3_FY2023_Revenue_of_USD_2.8_Million”>More…

Peers

The Company is a global provider of enterprise class software platforms for mobile that provide contextual mobile experiences for consumers, employees and things. Phunware has created one of the world’s first and only end-to-end cloud-based, multiscreen, multidevice, content management, and big data analytics platform for mobile that can be completely integrated into an existing enterprise ecosystem.

– PGS Software SA ($LTS:0RK2)

PGS Software SA provides enterprise software solutions. The company offers a range of products and services, including enterprise resource planning, customer relationship management, business intelligence, and application development and maintenance. It serves customers in a variety of industries, including banking, insurance, telecommunications, manufacturing, and retail. PGS Software SA has a market cap of 530.29M as of 2022 and a return on equity of 41.38%. The company’s products and services enable customers to streamline their operations, improve customer service, and increase sales.

– DatChat Inc ($NASDAQ:DATS)

Chat Inc’s market cap is 9.82M as of 2022, a Return on Equity of -61.69%. The company provides chat software and services for businesses. The company has been profitable in the past, but has struggled in recent years.

– ProStar Holdings Inc ($TSXV:MAPS)

ProStar Holdings Inc is a holding company that focuses on providing energy services. It operates through three segments: Oilfield Services, Environmental Services, and Real Estate. The company was founded in 2006 and is headquartered in Houston, Texas.

ProStar Holdings Inc has a market cap of 24.54M as of 2022 and a Return on Equity of -90.26%. The company focuses on providing energy services and operates through three segments: Oilfield Services, Environmental Services, and Real Estate.

Summary

Investors in PHUNWARE may want to take note of their latest financial report, which shows a 41.4% decrease in total revenue and a more than doubling of net losses year-on-year. This has had an immediate impact on stock price, which fell on the news. Despite the difficult times, PHUNWARE may be an attractive investment option due to its varied portfolio of services and long-term growth potential. Investors should make sure to conduct further research and due diligence before investing in the company.