Zerofox Holdings Intrinsic Stock Value – ZEROFOX HOLDINGS Reports Financial Results for Q2 FY2024, Ending September 6 2023
September 8, 2023
🌥️Earnings Overview
For the second quarter of FY 2024, which ended on September 6 2023, ZEROFOX HOLDINGS ($NASDAQ:ZFOXW) reported total revenue of USD 62.2 million, a substantial increase from the 15.7 million reported in the same quarter of the previous fiscal year. Net income for the quarter was USD -16.8 million, compared to the -11.2 million reported in the quarter of the previous year.
Stock Price
On Wednesday, ZEROFOX HOLDINGS reported its financial results for Q2 FY2024, ending September 6 2023. The company’s stock opened at $0.0 and closed at $0.0, a 11.7% plunge from the previous closing price of 0.0. The drop in stock price comes after several months of financial struggle and weak performance in the market.
Additionally, expenditures were higher than expected due to higher costs associated with research and development, marketing, and personnel. Despite the lackluster results, ZEROFOX HOLDINGS’ management is optimistic about its long-term prospects and is planning to implement strategies to reduce costs and increase efficiency in order to improve its profitability. They have also expressed confidence in their ability to build on current product offerings and create new ones that will appeal to customers. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Zerofox Holdings. More…
| Total Revenues | Net Income | Net Margin |
| 50.04 | -742.05 | -56.0% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Zerofox Holdings. More…
| Operations | Investing | Financing |
| -20.93 | -64.64 | 145.89 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Zerofox Holdings. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 766.82 | 306.12 | 3.88 |
Key Ratios Snapshot
Some of the financial key ratios for Zerofox Holdings are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 92.9% | – | -630.5% |
| FCF Margin | ROE | ROA |
| -44.4% | -198.1% | -60.4% |
Analysis – Zerofox Holdings Intrinsic Stock Value
At GoodWhale, we have conducted a thorough analysis of the fundamentals of ZEROFOX HOLDINGS to determine its fair value. After careful consideration of the company’s financials and other key metrics, we believe that the fair value of a ZEROFOX HOLDINGS share is around $0.4. This is derived from our proprietary Valuation Line, which factors in the company’s current and projected earnings power, future growth prospects and market conditions. Currently, ZEROFOX HOLDINGS stock is being traded at $0.0, which is significantly below our estimated fair value. This indicates that the stock is undervalued by 100.0%. We believe that this presents an excellent opportunity for investors to capitalize on an attractive price-to-value ratio. Investors should consider entering into the stock for the long term in order to capitalize on the potential upside. More…
Summary
ZEROFOX HOLDINGS reported their financial results for the second quarter of FY2024, ending on September 6 2023. Total revenue for the quarter was USD 62.2 million, up from 15.7 million a year ago. Unfortunately, the net income for the quarter was USD -16.8 million, which is an increase from -11.2 million in the same period last year.
The stock price dropped on the same day and investors should consider this when deciding whether to invest in ZEROFOX HOLDINGS. It is important to compare the financial results with other companies in the industry to assess the potential risks and rewards of investing in the company.
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