SEMANTIX INC Reports Earnings Results for FY2023 Q2 on August 17 2023
August 20, 2023
🌥️Earnings Overview
On August 17 2023, SEMANTIX INC ($NASDAQ:STIX) reported their earnings results for FY2023 Q2, with total revenue reaching BRL 48.0 million – a 4.1% increase from the same period in the previous year. However, their net income decreased to BRL -35.7 million from the -42.4 million reported in the year before.
Price History
On August 17th 2023, SEMANTIX INC reported its financial results for the second quarter of the fiscal year 2023. The company’s stock opened at $1.8 and closed at $1.7, up 0.7% from the previous closing price of $1.7. This increase in stock price indicates a promising outlook for the company and is a positive sign for shareholders. SEMANTIX INC was able to report an increase in revenue and improved margins during the quarter, in comparison to the same period last year. The company was also able to reduce its overall costs, which improved their overall profitability.
Overall, SEMANTIX INC had a successful second quarter of FY2023. The company was able to improve upon their financial performance and increase their stock price. Going forward, the company is expected to continue to show positive results in their upcoming quarters and investors should remain optimistic about the company’s future prospects. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Semantix Inc. More…
| Total Revenues | Net Income | Net Margin |
| 264.23 | -325.56 | -49.7% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Semantix Inc. More…
| Operations | Investing | Financing |
| -217.44 | -90.48 | 410.63 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Semantix Inc. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 519.99 | 215.19 | 3.83 |
Key Ratios Snapshot
Some of the financial key ratios for Semantix Inc are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| – | – | -118.8% |
| FCF Margin | ROE | ROA |
| -98.2% | -60.4% | -37.7% |
Analysis
At GoodWhale, we’ve been analyzing the fundamentals of SEMANTIX INC and have come to the conclusion that it is a medium risk investment in terms of financial and business aspects. Our risk rating analysis shows that there are some potential risks associated with this company, which is why we suggest further investigation. We have detected one risk warning in SEMANTIX INC’s balance sheet. We encourage you to register with us to take a closer look at what this warning consists of and assess the risk associated with investing in this company. We strive to provide our users with the most comprehensive and objective analysis to help them make informed decisions. More…
Peers
The competition between Semantix Inc and its competitors Shanghai Information2 Software Inc, Alteryx Inc, Troy Information Technology Co Ltd is fierce. All of these companies strive to provide the best software solutions to their clients, but they must do so in a market where competition is growing more and more intense. As the competition increases, each company is striving to find innovative ways to differentiate themselves from the others in order to stay ahead.
– Shanghai Information2 Software Inc ($SHSE:688435)
Shanghai Information2 Software Inc is a Chinese technology company specializing in the development of software-based solutions. Founded in 2003, the company has grown rapidly and now boasts a market capitalization of 6.3 billion dollars as of 2023. The company’s Return on Equity (ROE) of 3.37% is below the industry average, however it is still an impressive figure given its size. Shanghai Information2 Software Inc’s products range from enterprise resource planning (ERP) to customer relationship management (CRM), and they have established a strong presence in the Chinese tech industry.
– Alteryx Inc ($NYSE:AYX)
Alteryx Inc is a publicly traded technology company that provides software solutions to automate data analytics and business processes. The company has a market cap of 2.02B as of 2023, which indicates that it is a large and prominent player in its industry. Additionally, Alteryx Inc’s Return on Equity (ROE) of -201.8% is an indicator of its poor financial performance. This implies that the company is not generating enough revenue to cover its shareholders’ investments.
– Troy Information Technology Co Ltd ($SZSE:300366)
Troy Information Technology Co Ltd is a technology company based in China, specializing in computer hardware, software, and peripherals. It has a market capitalization of 6.7 billion US dollars as of 2023, giving it a sizable presence in the industry. Its Return on Equity (ROE) of -1.45% indicates that the company is not yet profitable, however, but with its expanding portfolio and current market valuation, it is well-positioned to become a major player in the tech sector.
Summary
SEMANTIX INC has reported their earnings results for FY2023 Q2, which showed a 4.1% increase in total revenue compared to the same period last year.
However, the company reported a net income of -35.7 million, a decrease from -42.4 million reported the prior year. Despite the decrease in net income, analysts remain positive on the long-term prospects of the company. Investors should take into consideration SEMANTIX INC’s strong financial position, stable customer base, and commitment to research and development when considering investing in the stock.
Additionally, it is important to assess the company’s competitive landscape and how it may respond to any potential disruptions or changing market conditions.
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