Uber Technologies Intrinsic Value Calculator – UBER TECHNOLOGIES Releases Fourth Quarter FY2022 Earnings Report on February 8, 2023
March 19, 2023
Earnings Overview
UBER TECHNOLOGIES ($NYSE:UBER)’ financial results for the fourth quarter of 2022, ended December 31 2022, were published on February 8 2023. Total revenue for the period was USD 595.0 million, a 33.3% decrease from the year prior. Net income, however, rose by 49.0% to USD 8607.0 million when compared to the same period in 2021.
Transcripts Simplified
In April 2020, UBER took $1 billion of costs out of its infrastructure and cut 20% of their headcount. They are continuing to focus on cost efficiency, hiring selectively in certain areas such as tax and sales, and they have achieved their goals of EBITDA profitability, free cash flow positive, and GAAP operating profit. They have also seen growth in gross bookings and headcount while overachieving in profitability metrics.
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Uber Technologies. More…
| Total Revenues | Net Income | Net Margin |
| 31.88k | -9.14k | -6.6% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Uber Technologies. More…
| Operations | Investing | Financing |
| 642 | -1.64k | 15 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Uber Technologies. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 32.11k | 23.61k | 3.66 |
Key Ratios Snapshot
Some of the financial key ratios for Uber Technologies are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 31.1% | – | -27.8% |
| FCF Margin | ROE | ROA |
| 1.2% | -81.5% | -17.2% |
Stock Price
On Wednesday, UBER TECHNOLOGIES released its fourth quarter FY2022 earnings report, driving the stock price up 5.5% from the prior closing price of 34.9 to $36.8 at the close. The report showed that UBER was able to sustain its growth despite the economic downturn due to the pandemic. This was in part due to cost cutting measures and a focus on improving efficiency in operations.
The release of these results provides investors with confidence in the company’s future performance and plans for growth. The stock is expected to continue to rise as investors are encouraged by UBER TECHNOLOGIES’ strong performance in the fourth quarter and its plans for future success. Live Quote…
Analysis – Uber Technologies Intrinsic Value Calculator
At GoodWhale, we have conducted an analysis of UBER TECHNOLOGIES‘ financials and have come to the conclusion that the intrinsic value of UBER TECHNOLOGIES share is around $70.6. This was determined using our proprietary Valuation Line. Furthermore, it is currently trading at $36.8, meaning that it is undervalued by 47.9%. Thus, this presents an attractive investment opportunity for those looking to get into UBER TECHNOLOGIES stock. More…
Peers
As the world progresses, new technologies are constantly emerging and reshaping the way we live. One of the most recent and influential technological advancements is the rise of ride-sharing apps, such as Uber Technologies Inc. These apps have changed the way we travel, and have had a profound impact on the taxi industry. While Uber has become the most well-known and successful ride-sharing app, it faces stiff competition from other companies, such as Trend Innovations Holding Inc, Waitr Holdings Inc, and Where Food Comes From Inc.
– Trend Innovations Holding Inc ($OTCPK:TREN)
Innovative Holding Inc is a publicly traded holding company with a focus on technology investments. The company’s market cap as of 2022 was 58.02M and its ROE was 81.69%. Innovative Holding Inc’s portfolio includes investments in companies such as AppDirect, Cloud Elements, and Icertis. These companies provide software that helps businesses manage their operations, customers, and suppliers.
– Waitr Holdings Inc ($NASDAQ:WTRH)
Waitr Holdings Inc is a food delivery service company. It operates in the United States and has a market cap of 26.59M as of 2022. The company has a Return on Equity of -127.21%.
Waitr Holdings Inc was founded in 2013 and is headquartered in Lake Charles, Louisiana. The company operates in the restaurant industry and provides food delivery services to its customers. It delivers food from local restaurants to its customers through its app. The company has a fleet of drivers who pick up and deliver food to its customers.
– Where Food Comes From Inc ($NASDAQ:WFCF)
Food Comes From Inc. is a company that helps farmers and food producers to connect with consumers and sell their products. The company has a market cap of 70.04M as of 2022 and a Return on Equity of 17.04%. The company has a strong focus on sustainability and works to promote sustainable practices among its farmers and food producers. The company also works to educate consumers about where their food comes from and the importance of supporting sustainable agriculture.
Summary
UBER TECHNOLOGIES reported its fourth quarter FY2022 earnings on February 8 2023, with total revenue of USD 595.0 million, a 33.3% decrease year-over-year. Meanwhile, net income increased by 49.0% to USD 8607.0 million. This news was met with a positive market reaction, as UBER TECHNOLOGIES stock price rose the same day. From an investment perspective, UBER TECHNOLOGIES has shown strong year-over-year growth in net income and is well-positioned to continue this trend into the future.
Additionally, the company is uniquely positioned to capitalize on the growing gig economy, which could further drive its financial performance in coming quarters.
