Musings on Markets

SEPTEMBER 19, 2023

In the first, I will look at the grocery business, both in terms of growth and profitability of grocery stores, since Instacart, as an intermediary in the business, will be affected by grocery business fundamentals. On the profitability front, the grocery business operates on slim margins, at every level.

Profit and Loss 104

Profit and Loss Valuation Advertising Investments 104

Musings on Markets

FEBRUARY 12, 2022

I must admit I was surprised by my own valuations, since, given the low riskfree rates prevailing at the time, only one stock (Apple) looked significant over valued. Clearly, much has happened since these valuations. trillion, and their share of the overall equity value of all US stocks also surged from 6.5% to 14.9%.

Valuation 99

Valuation Profit and Loss Numbers Advertising 99

Musings on Markets

JULY 22, 2021

The primary attraction of the company, to investors, comes not from its current standing (modest revenues and big losses), but from its positioning to take advantage of the potential growth in the Indian food delivery market.

Marketing 89

Marketing Valuation Profit and Loss Advertising 89

CFO News Room

NOVEMBER 5, 2022

In the next post, I will use Facebook’s most recent earnings surprise to talk about inconsistencies in how accountants categorize corporate spending, and why these inconsistencies can skew investors perceptions of corporate profitability and financial health. billion in the third quarter of 2022. .

Marketing 130

Marketing Advertising Profit and Loss Investments 130

Musings on Markets

NOVEMBER 4, 2022

In the next post, I will use Facebook's most recent earnings surprise to talk about inconsistencies in how accountants categorize corporate spending, and why these inconsistencies can skew investors perceptions of corporate profitability and financial health. billion in the third quarter of 2022.

Advertising 100

Advertising Profit and Loss Investments Marketing 100

Musings on Markets

DECEMBER 2, 2020

Setting the Table As with any valuation, the first step in valuing Airbnb is trying to understand its history and its business model, including how it has navigated the economic consequences of the COVID. In addition, growth in the experiences business will also push this metric upwards, since Airbnb keeps a 20% share of those revenues.

Profit and Loss 52

Profit and Loss Valuation Investments Numbers 52

Musings on Markets

OCTOBER 19, 2021

It extends into materiality, by reframing that concept in terms of value, rather than profits, and connecting it to disclosure, with disclosure requirements increasing proportionately with the value effect. Many subscription companies explicitly disclose contribution profits (e.g., StitchFix).

Profit and Loss 73

Profit and Loss Accounting Numbers Valuation 73

CFO News Room

FEBRUARY 2, 2022

startled investors with a sharper-than-expected decline in profits and a gloomy outlook in its first earnings report since Chief Executive. Facebook also cited inflation as a weight on advertiser spending. and Canada, two of the company’s most profitable markets, the results show. Facebook parent. Meta Platforms Inc.

Profit and Loss 130

Profit and Loss Valuation Advertising Investments 130

Barry Ritholtz

JUNE 18, 2024

Barry Ritholtz : Now, if I remember correctly, late nineties cracks in the facade were already showing of, you know, the, the monolithic radio, TV advertising world. I got the sense that, so Churnin takes 51% for a fairly modest valuation, 10 or $15 million. Big advertisers would never give Barstool Sports a look the way they do now.

Entertainment 59

Entertainment Investments Math Advertising 59

Barry Ritholtz

DECEMBER 12, 2023

But in the New York Times, there was an advertisement that the value line investment survey needed analysts. They announced a $640 million loss and ouch. But if, if it has a history of not being profitable, you you really want to exclude that. The visibility on earnings they grew but they stayed profitable as, as they grew.

Benchmarking 106

Benchmarking Concentration Investments Profit and Loss 106

Barry Ritholtz

MARCH 21, 2023

ASNESS: Some of the things like betting against beta, quality or profitability, carry strategies were additions over time. ASNESS: And we had a great almost a decade, because everything else we do work, profitability one; fundamental, momentum one; low risk one. ASNESS: There are a few reasons. RITHOLTZ: Okay. RITHOLTZ: Past decade.

Profit and Loss 69

Profit and Loss Valuation Forecasting Investments 69

Barry Ritholtz

JUNE 3, 2024

Now you have to assume some losses. Barry Ritholtz : And these bonds are still profitable Jeffrey Sherman : And they don’t break, like they, they don’t, they don’t, they don’t lose money, especially at 50 cents on dollar. And you know, it’s the same thing when valuation gets outta control too.

Math 59

Math Marketing Treasury Valuation 59

Barry Ritholtz

APRIL 11, 2023

 The transcript from this week’s, MiB: Aswath Damodaran: Valuations, Narratives & Academia , is below. You’re known as the dean of valuation. He said, oh, dean of valuation, it’s easier to say. So let’s start with the question, what led you to focus on valuation? RITHOLTZ: Right. And I said, why?

Valuation 119

Valuation Education Finance Numbers 119