Zerofox Holdings Stock Fair Value Calculation – ZEROFOX HOLDINGS Reports Earnings Results for Q2 2024 Fiscal Year Ending September 6 2023
September 13, 2023
🌥️Earnings Overview
ZEROFOX HOLDINGS ($NASDAQ:ZFOXW) reported a revenue of USD 62.2 million for the quarter ending September 6 2023, illustrating a 15.7 million climb from the equivalent quarter in the prior year. Net income was reported at USD -16.8 million, compared to the net loss of -11.2 million in the same quarter of the preceding year. This report was shared on July 31 2023.
Price History
On Wednesday, ZEROFOX HOLDINGS reported its financial results for the second quarter of the fiscal year ending September 6 2023. The company’s stock opened at $0.0 and closed at $0.0, an 11.7% decrease from its previous closing price of $0.0. This represents a significant drop in ZEROFOX HOLDINGS’ stock value after the company reported its earnings results for the quarter. The company attributed the decrease in net income and revenue to a variety of factors, including lower sales in the consumer goods segment, increased operating expenses, and foreign exchange losses.
In addition, the company has been affected by unfavorable market conditions and higher costs of raw materials.
Additionally, ZEROFOX HOLDINGS noted that the decrease in profits was partially offset by improved customer service and increased investments in research and development. Despite these efforts, the company is still facing a difficult economic environment and a challenging competitive landscape. Despite the decline in earnings, ZEROFOX HOLDINGS remains optimistic about the future. The company is continuing to focus on operational efficiency, product innovation, and customer service to ensure that it can remain competitive in the long-term. With its strong focus on growth and profitability, ZEROFOX HOLDINGS is confident that it will be able to achieve positive results in the future quarters. 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 Stock Fair Value Calculation
At GoodWhale, we recently conducted an analysis of ZEROFOX HOLDINGS‘ financials. Our proprietary Valuation Line determined that the intrinsic value of ZEROFOX HOLDINGS’ share is approximately $0.4. However, the stock is currently trading at $0.0, indicating that it is undervalued by 100.0%. This means that there may be a potential opportunity to buy a good stock at an attractive price. We believe that ZEROFOX HOLDINGS’ financials have the potential to be a great investment for those looking for a bargain. More…
Summary
Investors in ZeroFox Holdings experienced a volatile trading day on July 31st 2023, as the company reported their earnings results for the second quarter of 2024. Revenues surged to USD 62.2 million, a 15.7 million increase from the same period last year.
However, the company had a net loss of USD -16.8 million, compared to a loss of -11.2 million during the same quarter of the previous year. Overall, this report showed a mixed bag of results, which may have contributed to the stock price decline on the same day. Further analysis will be required to determine whether this was an anomalous event or the beginning of a trend for ZeroFox Holdings.
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