Upexi Beats Earnings Expectations Despite Negative GAAP EPS
November 21, 2023
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Upexi Inc ($NASDAQ:UPXI). has reported their latest earnings and they have exceeded expectations despite a negative GAAP EPS of -$0.07. Upexi Inc. is an innovative technology-driven company specializing in digital marketing and software development solutions. With a focus on customer satisfaction and advanced analytics, Upexi Inc. has established itself as a leader in the field. The company has also seen tremendous growth in its stock price over the course of the year, making it an attractive investment opportunity.
This indicates that the company is well-positioned to take advantage of future growth opportunities and expand its customer base. Investors should be encouraged by this performance and continue to keep Upexi Inc. on their radar as a potential long-term investment.
Stock Price
The stock opened at $1.1 and closed at $1.0, indicating a 9.1% drop from the previous closing price of $1.1. Market analysts attribute the drop to the lack of positive news to boost investor confidence. Despite surpassing expectations, investors were hesitant to invest in UPEXI stock as the earnings fell short of estimates. Although the company had good news to report, including increased revenue growth and strong returns on investments, the earnings per share was lower than expected. This resulted in a sell-off of UPEXI stocks and a decrease in its stock price.
Although the company has been able to maintain its financial performance, investors are becoming increasingly concerned with the stock’s performance. Even with the negative GAAP EPS, UPEXI Inc. was still able to post a strong quarter and exceed its targets. The company is continuing to focus on its core strategies and initiatives to drive future growth. As a result, analysts expect that UPEXI will eventually recover from this setback and continue to increase its earnings and stock price in the near future. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Upexi Inc. More…
| Total Revenues | Net Income | Net Margin |
| 80.68 | -16.93 | -12.8% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Upexi Inc. More…
| Operations | Investing | Financing |
| 0.52 | -2.57 | -0.29 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Upexi Inc. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 63.85 | 36.02 | 1.4 |
Key Ratios Snapshot
Some of the financial key ratios for Upexi Inc are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 121.6% | – | -9.4% |
| FCF Margin | ROE | ROA |
| -0.5% | -14.4% | -7.4% |
Analysis
GoodWhale recently conducted an analysis of UPEXI INC‘s wellbeing, which resulted in an intermediate health score of 4/10 with regard to cashflows and debt. This indicates that UPEXI INC is likely to sustain future operations in times of crisis. With regard to other key metrics, UPEXI INC was found to be strong in asset and growth, medium in profitability and weak in dividend. Based on our analysis, UPEXI INC is classified as a type of company we refer to as ‘gorilla’. This type of company has achieved stable and high revenue or earning growth due to its strong competitive advantage. We believe that this company would be of particular interest to growth-oriented investors who are looking for a long-term investment opportunity. More…
Peers
The competition between Upexi Inc and its competitors Golden Grail Technology Corp, TrueCar Inc, and Unerry Inc is fierce in the technology industry. Each company is vying for market share and striving to be the best in the business. As the competition grows more intense, each company is continually looking for ways to stay ahead of the competition and offer the best products and services to their customers.
– Golden Grail Technology Corp ($OTCPK:GOGY)
TrueCar Inc is an American automotive pricing and information website for new and used car buyers and sellers. The company has a market capitalization of 256.41M as of 2023, and its return on equity (ROE) is -14.33%. The market cap indicates the company’s current size and reflects the total value of its outstanding shares. This can be used to measure the company’s financial performance, in comparison with other companies in the same industry. The ROE is a measure of how efficiently a company is using its equity to generate profit and is calculated by dividing net income by its total shareholders’ equity. TrueCar Inc’s negative ROE suggests that the company is not generating sufficient profit to cover its equity investments.
– TrueCar Inc ($NASDAQ:TRUE)
Unerry Inc is a technology company that specializes in providing enterprise-level software solutions for a variety of industries. As of 2023, Unerry Inc has a market capitalization of 10.32 billion, making it one of the largest tech companies in the world. Its Return on Equity (ROE) of 6.08% indicates that the company is well-positioned to continue its growth and success in the years to come. Unerry Inc is well-positioned to remain competitive as its innovative solutions continue to meet the needs of its customers in various industries.
Summary
Upexi Inc is a company that experienced a GAAP EPS of -$0.07 and revenue of $27.35M in the most recent quarter, which beat estimates by $0.05M. Despite this positive news, the stock price decreased on the same day, raising questions for investors regarding the company’s ultimate financial outlook. Analysts recommend taking a closer look at Upexi’s financials for further insight into its future profitability before making any decisions to invest. They point to the company’s debt levels, cash flow, and management team as important factors to consider in their evaluation.
Additionally, investors should pay attention to macroeconomic indicators to better understand how the broader market affects Upexi’s stock price.
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