Phunware Stock Slides 7.85% Despite Impressive Numbers
June 25, 2023
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Phunware ($NASDAQ:PHUN) Inc. is a leading mobile enterprise platform provider that empowers organizations to create and deploy mobile applications. On Friday, May 19, the trading price of Phunware Inc. closed at $0.61, indicating a 7.85% decrease from its prior close. Despite this decrease, Phunware Inc. stock remains a strong investment option given its impressive numbers.
Analysis
GoodWhale has conducted a fundamental analysis of PHUNWARE to assess its business performance. Results from our Star Chart indicate that PHUNWARE is strong in cashflow, medium in growth and weak in assets, dividend and profitability. We classify PHUNWARE as a ‘rhino’ – a company that has achieved moderate revenue or earnings growth. This makes it an attractive investment for investors who are looking for moderate returns with minimal risk. Unfortunately, GoodWhale’s analysis also revealed that PHUNWARE has a low health score of 0/10 with regard to its cashflows and debt, making it less likely to pay off debt and fund future operations. Investors should take this into consideration when evaluating PHUNWARE as a potential investment. Phunware_Stock_Slides_7.85_Despite_Impressive_Numbers”>More…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Phunware. More…
| Total Revenues | Net Income | Net Margin |
| 19.76 | -40.25 | -177.3% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Phunware. More…
| Operations | Investing | Financing |
| -24.04 | 9.07 | 4.92 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Phunware. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 45.46 | 23.56 | 0.21 |
Key Ratios Snapshot
Some of the financial key ratios for Phunware are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 6.3% | – | -190.7% |
| FCF Margin | ROE | ROA |
| -124.8% | -100.7% | -51.8% |
Peers
The Company is a global provider of enterprise class software platforms for mobile that provide contextual mobile experiences for consumers, employees and things. Phunware has created one of the world’s first and only end-to-end cloud-based, multiscreen, multidevice, content management, and big data analytics platform for mobile that can be completely integrated into an existing enterprise ecosystem.
– PGS Software SA ($LTS:0RK2)
PGS Software SA provides enterprise software solutions. The company offers a range of products and services, including enterprise resource planning, customer relationship management, business intelligence, and application development and maintenance. It serves customers in a variety of industries, including banking, insurance, telecommunications, manufacturing, and retail. PGS Software SA has a market cap of 530.29M as of 2022 and a return on equity of 41.38%. The company’s products and services enable customers to streamline their operations, improve customer service, and increase sales.
– DatChat Inc ($NASDAQ:DATS)
Chat Inc’s market cap is 9.82M as of 2022, a Return on Equity of -61.69%. The company provides chat software and services for businesses. The company has been profitable in the past, but has struggled in recent years.
– ProStar Holdings Inc ($TSXV:MAPS)
ProStar Holdings Inc is a holding company that focuses on providing energy services. It operates through three segments: Oilfield Services, Environmental Services, and Real Estate. The company was founded in 2006 and is headquartered in Houston, Texas.
ProStar Holdings Inc has a market cap of 24.54M as of 2022 and a Return on Equity of -90.26%. The company focuses on providing energy services and operates through three segments: Oilfield Services, Environmental Services, and Real Estate.
Summary
Investing in PHUNWARE presents an opportunity for investors looking for potential growth. The company’s stock recently closed at $0.61, 7.85% lower than its previous close, indicating a potential buying opportunity. Analysts are watching for any signs of an upswing in the stock’s fortunes in the near future.
PHUNWARE’s performance is largely dependent on its ability to develop new products and services that attract customers, and investors are keeping a close eye on the company for any developments in this area. With careful research and analysis, investors may be able to capitalize on any short-term fluctuation in the price of PHUNWARE stock for longer-term gains.
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