Sps Commerce Intrinsic Value – SPS COMMERCE Reports Fourth Quarter Earnings Results for FY2022 on February 9, 2023.

Earnings Overview

Sps Commerce Intrinsic Value – On February 9, 2023, SPS COMMERCE ($NASDAQ:SPSC) revealed their earnings results for the fourth quarter of FY2022 up to December 31, 2022. The total revenue was reported to be USD 15.9 million, representing an increase of 24.8% compared to the same period of the previous year. Additionally, net income rose to a total of USD 122.0 million, a year-over-year increase of 18.7%.

Transcripts Simplified

Revenue for Q4 2022: $122 million, up 19% YOY Recurring revenue up 20% YOY Adjusted EBITDA up 26% YOY Total cash and investments at the end of the year: $214 million Q1 2023 Revenue Guidance: $123.3 million to $124.3 million Full Year 2023 Revenue Guidance: $523 million to $526 million (16% – 17% growth from 2022) Q1 2023 Adjusted EBITDA Guidance: $35 million to $35.7 million Full Year 2023 Adjusted EBITDA Guidance: $152.5 million to $154.5 million (15% – 17% growth from 2022) Fully Diluted Earnings Per Share for Q1 2023: $0.26 to $0.27 Non-GAAP Diluted Earnings Per Share for Q1 2023: $0.56 to $0.57 Fully Diluted Earnings Per Share for Full Year 2023: $1.49 to $1.55 Non-GAAP Diluted Earnings Per Share for Full Year 2023: $2.63 to $2.69 Long-Term Target Model for Adjusted EBITDA Margin: 35%

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Sps Commerce. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Sps Commerce. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Sps Commerce. More…

Key Ratios Snapshot

Some of the financial key ratios for Sps Commerce are shown below. More…

Price History

The report boasted positive news for the company, as their stock opened at $139.3 and closed at $137.5, showing a minor increase of 0.2% from the previous closing price of $137.3. This came as a relief to investors, considering SPS COMMERCE had experienced a nearly 10% dip in their stock price over the last quarter of the year. SPS COMMERCE attributed this success to its continued investment in technology and innovation, which had allowed the company to expand its customer base and grow its market share during the fourth quarter of FY2022. The positive results bode well for the company, who have now cemented their position as one of the leading providers of e-commerce solutions. Live Quote…

Analysis – Sps Commerce Intrinsic Value

We at GoodWhale have taken an in-depth look at SPS COMMERCE‘s financials and found that their intrinsic value per share is estimated to be $125.5. This calculation was based on our proprietary Valuation Line. At the current market price of $137.5, investors can expect that the stock is slightly overvalued by 9.6%. More…

Peers

The company offers a suite of solutions that enable businesses to automate and optimize their supply chain operations. Its competitors include Equal Trading Inc, TradeGo FinTech Ltd, and Oidon Co Ltd.

– Equal Trading Inc ($OTCPK:EQTD)

SalaryGo is a leading financial technology company that provides innovative solutions to businesses and individuals worldwide. The company has a market capitalization of 534M as of 2022 and a return on equity of 14.25%. SalaryGo’s products and services include online banking, mobile banking, personal finance management, and investment management. The company also offers a range of other financial services, such as credit cards, loans, and insurance.

Summary

Investors may be pleased to hear that SPS COMMERCE achieved positive results in their fourth quarter of FY2022. Total revenue was up 24.8%, reaching a total of USD 15.9 million, and net income increased 18.7% year over year to USD 122.0 million. This indicates a strong performance for the company, despite the challenging environment of the past year. In light of this news, investors may want to consider SPS COMMERCE as a potential investment opportunity.