Zuora Stock Intrinsic Value – ZUORA Reports Record Earnings for Q2 of FY2024
September 6, 2023
🌥️Earnings Overview
On August 23 2023, ZUORA ($NYSE:ZUO) reported their earnings results for the second quarter of FY2024, which ended on July 31 2023. The company achieved a total revenue of USD 108.0 million, a 9.4% increase from the same period the prior year. Net income for the period was -22.6 million, a significantly improved figure in comparison to -29.9 million from the year before.
Share Price
On Wednesday, ZUORA reported record earnings for the second quarter of Fiscal Year 2024. ZUORA’s stock opened at $9.9 and closed at $9.7, down by 2.7% from its last closing price of $10.0. The strong financial performance was due to new customer acquisitions, higher renewal rates, and expansion of its subscription-based business models.
In addition, ZUORA has been able to expand its market share in the cloud-based finance and accounting solutions space. Overall, ZUORA’s performance in Q2 FY2024 is an indication of the company’s ability to capitalize on the growing trend of subscription-based models in the finance and accounting spaces. With improved revenue and profitability, ZUORA is well-positioned to become a leader in its industry over the coming years. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Zuora. More…
| Total Revenues | Net Income | Net Margin |
| 415.26 | -186.75 | -33.5% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Zuora. More…
| Operations | Investing | Financing |
| -2.85 | 110.45 | 9.21 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Zuora. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 681.85 | 569.12 | 0.82 |
Key Ratios Snapshot
Some of the financial key ratios for Zuora are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 12.6% | – | -38.3% |
| FCF Margin | ROE | ROA |
| -2.7% | -91.9% | -14.6% |
Analysis – Zuora Stock Intrinsic Value
At GoodWhale, we recently conducted an analysis of ZUORA‘s financials. After careful consideration of all the data available, we have concluded that the intrinsic value of ZUORA share is around $13.4. This assessment was calculated by our proprietary Valuation Line, a formula that takes into account multiple factors such as earnings, performance, and risk. Currently, ZUORA stock is trading at $9.7, meaning that it is undervalued by 27.4%. This presents an excellent opportunity for potential investors to buy in and take advantage of the current market prices before the stock starts to increase in value. We believe that ZUORA has great potential and should be an attractive investment for those seeking long-term growth. More…
Peers
In the market for cloud-based customer relationship management (CRM) software, Zuora Inc faces stiff competition from Everbridge Inc, Consensus Cloud Solutions Inc, and Netcall PLC. All four companies offer similar products and services, but each has its own strengths and weaknesses. Zuora Inc, for example, is known for its ease of use and scalability, while Everbridge Inc is known for its robust features and comprehensive customer support.
– Everbridge Inc ($NASDAQ:EVBG)
Everbridge Inc is a global software company that provides critical communication and enterprise safety applications that help keep people safe and businesses running during critical events. The company has a market cap of 1.06B as of 2022 and a Return on Equity of -16.82%. Everbridge’s products are used by organizations of all sizes, in a variety of industries, across the world.
– Consensus Cloud Solutions Inc ($NASDAQ:CCSI)
Consensus Cloud Solutions Inc is a cloud-based software company that provides solutions for businesses of all sizes. It offers a variety of products and services, including cloud computing, storage, networking, and security. The company has a market cap of 1.12B as of 2022 and a return on equity of -31.25%. Despite its negative ROE, the company’s market cap indicates that it is still a large and successful enterprise.
– Netcall PLC ($LSE:NET)
Netcall PLC is a provider of customer engagement and self-service solutions. The company has a market capitalization of 129.3 million as of 2022 and a return on equity of 7.47%. Netcall PLC’s solutions are used by organizations to improve customer engagement and reduce operational costs. The company’s products include contact center solutions, customer self-service solutions, and back-office automation solutions.
Summary
Investors may be interested in ZUORA‘s reported earnings for the second quarter of FY2024, ending on July 31 2023. The company showed total revenue growth of 9.4%, reaching USD 108.0 million, and a net income of -22.6 million – an improvement from the previous year’s net income of -29.9 million. Although the company showed quarterly revenue growth and income improvement, investors should continue to monitor these financial statements to ensure future success and profitability.
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