PYMNTS

NOVEMBER 30, 2020

DoorDash is reportedly seeing its estimated valuation rise to some $28 billion as the food delivery platform moves ahead with its long-awaited initial public offering (IPO). DoorDash added that it swung to a $994 million gross profit during the year’s first nine months vs. a $149 million net loss for the same 2019 period.

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Valuation Marketing Profit and Loss Banking 72

PYMNTS

SEPTEMBER 20, 2020

banks aren’t fooling themselves — they’re likely in for a long stretch of low interest rates putting a burden on their profits, the Financial Times (FT) reports. That means banks’ profit margins will suffer more as low interest rates dampen yields at a time when the cost of deposit funding is already extremely low.

Banking 67

Banking Profit and Loss Valuation Forecasting 67

Musings on Markets

NOVEMBER 1, 2023

As the price dropped below $200 today (October 30,2023), I decided that it was time for me to revisit and revalue the company, taking into account the news, financial and other, that has come out since my last valuation in January 2023, and to understand the dueling stories that are emerging about the company.

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Valuation Profit and Loss Numbers Sales 124

CFO News Room

JANUARY 7, 2023

Silvergate Capital — Shares of the crypto-focused bank fell 2.6%, adding to its 42% loss from the previous day. JPMorgan downgraded SI to neutral from overweight, citing Silvergate’s worse-than-expected deposit outflows and called into question the company’s long-term profitability. Doximity — Shares dropped 4.7%

Entertainment 130

Entertainment Profit and Loss Valuation Manufacturing 130

PYMNTS

APRIL 3, 2019

In other news, Liquid.com has become the latest crypto unicorn after closing a Series C investment round from Bitmain and IDG Capital , reaching a valuation of over $1 billion. Martin added that the insurance is similar to traditional policies that protect in case of bank insolvency.

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Valuation Securities Profit and Loss Investments 59

PYMNTS

JUNE 17, 2016

Get ready for some sinking bank profits. The Wall Street Journal reported on Thursday (June 16) that accounting rules are taking effect that would ensure that banks would have to report loans going south much earlier than had been done before, which may push reserves higher, eating into profits.

Profit and Loss 40

Profit and Loss Banking Accounting Standards Accounting 40

CFO News Room

NOVEMBER 22, 2022

Abercrombie & Fitch – Shares of the retail stock jumped 19% after the apparel retailer beat Wall Street’s revenue forecasts for the third quarter and posted unexpected quarterly profit. Deutsche Bank reiterated the stock as buy and said it doesn’t see any meaningful changes coming to its direct-to-consumer strategy.

Profit and Loss 130

Profit and Loss Forecasting Entertainment Retail 130

Nerd's Eye View

APRIL 3, 2024

Notably, the work-from-home movement has resulted in a dramatic drop in office valuations that could lead to a whole host of issues, including lending constraints in the banking sector, which is already sitting on a mountain of unrealized losses on Treasuries and mortgages.

Economics 97

Economics Marketing Valuation Profit and Loss 97

PYMNTS

JULY 5, 2020

billion that were never made in two Philippines banks as the company had said. While the rest of the company’s divisions have been touted as highly-profitable, it now appears to be just a show, the report found. But such profits did not exist, the Times reported. million) in 2017, the KPMG report revealed.

Auditing 68

Auditing Profit and Loss Valuation Accounting Firms 68

PYMNTS

SEPTEMBER 20, 2019

You’d be forgiven for thinking that the WeWork IPO – rather, the shelving of that IPO , at least for now – heralds the end of rich valuations for firms viewed as entrenched in the early stages of disruption. Banking, of course, stands to benefit from streamlined ways of maintaining compliance with AML and KYC.

Valuation 49

Valuation Profit and Loss Compliance Forecasting 49

Musings on Markets

OCTOBER 4, 2021

In this post, I will look at the levers that drive Paytm's value, and you can make your judgments on where you think this offering will lead in terms of valuation and pricing. In 2017 it added Paytm Gold , allowing users to buy gold in quantities as little as 1 rupee, and Paytm Payments Bank , a messaging platform with in-Chat payments.

Valuation 97

Valuation Profit and Loss Investments Numbers 97

Global Finance

JULY 29, 2024

Will Fed rate cuts and geopolitics fuel more M&A deals by GCC banks? Another year, another bumper crop of profits. In the first quarter of this year, the combined profits of 57 listed banks jumped 10.5% In the first quarter of this year, the combined profits of 57 listed banks jumped 10.5%

Mergers and Acquisitions (M&A) 59

Mergers and Acquisitions (M&A) Banking Profit and Loss Foreign Exchange 59

Global Finance

AUGUST 16, 2024

UBS downgraded London-based Anglo American from Buy to Neutral, citing the restructuring scenario and the hurdles to getting it done by the end of 2025, as management has pledged to do, and the German private bank Berenberg affirmed a Sell rating. billion in the first half of 2023 to a $672 million loss in the first half of this year.

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Restructuring Profit and Loss Valuation Planning 105

CFO News

OCTOBER 24, 2024

IndusInd Bank shares fell nearly 17% to a 52-week low after a 40% drop in Q2 net profit to ₹1,331 crore, with deteriorating asset quality and a market valuation loss of ₹15,572 crore.

Profit and Loss 40

Profit and Loss Banking Valuation Marketing 40

PYMNTS

SEPTEMBER 9, 2020

The target valuation points to the high expectations for the company, whose technology aims to handle large volumes of data. Revenues, however, are not profits. Snowflake reported a net loss of $348.5 million in 2019 — and losses so far this year total $171.3 Snowflake’s website says it is a “cloud data platform.”.

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Profit and Loss Valuation Investments Sales 75

PYMNTS

JULY 7, 2020

And the series of “down rounds” seem to imply there is a growing disconnect between public and private market valuations. In terms of definition, a down round is when a private company taps the private market for fundraising, generally selling equity for lower valuations than had been seen before. billion valuation.

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Profit and Loss Valuation Startups Marketing 52

PYMNTS

JUNE 25, 2018

The 2018 Q1 saw a combined valuation of VC investments nearing $50 billion — the fourth quarter in a row where VC funding has surpassed $45 million, KPMG noted. Though a startup could secure millions in venture capital funding, it could still take years to turn a profit. “They have systems in place that have worked for decades.

Startups 52

Startups Banking Profit and Loss Healthcare 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. For example, while the telecom industry regularly discloses churn figures, Netflix has not disclosed its churn rate in recent years.

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Profit and Loss Accounting Numbers Valuation 96

VCFO

OCTOBER 10, 2023

The owner of this seasonally oriented service company builds up cash in peak periods to get through slower months and has ~$1M sitting stagnantly in a bank account as a result. This owner focuses on maximizing profit and minimizing tax liability with reporting and operations directed at those aims.

Strategic Planning 80

Strategic Planning Cash Flow Forecasting Profit and Loss CFO 80

Musings on Markets

JULY 17, 2023

That does not surprise me, since I have never bought into the “Fed did it” theme, and have written multiple posts about why it is inflation and economic growth that drive interest rates, not central banks. Financials, handicapped by the bank runs at SVB and First Republic, have been flat for the year, as has been real estate.

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Marketing Treasury Currencies Valuation 98

Barry Ritholtz

AUGUST 16, 2022

And so, you know, it was relatively, I wouldn’t say straightforward because I don’t think generating consistent profits has ever been something that’s so straightforward or so easy. And it’s always going to expect to lose some of those profits when the trend reverses, but still end up capturing the meat of the trend.

Profit and Loss 122

Profit and Loss Foreign Exchange Valuation Investments 122

PYMNTS

MAY 4, 2016

Prosper is one of several online-based marketplace lenders suffering from falling profits as investor interest in buying consumer loans is softening. billion | Prosper’s valuation as of its last funding run in 2015, when it raised $165 million from Credit Suisse Group AG , J.P. SunTrust Banks Inc., Morgan Chase & Co.,

Profit and Loss 40

Profit and Loss Healthcare Valuation Startups 40

PYMNTS

SEPTEMBER 13, 2019

On $3B Valuation. While the offering has been eagerly anticipated, questions and concerns over losses have cooled investor interest. Trade credit is especially difficult for early-stage companies as well as businesses with low operating profit margins. Factors Driving Consumer Demand For Banking App Controls.

Profit and Loss 43

Profit and Loss B2B Valuation Leadership 43

Musings on Markets

AUGUST 15, 2023

After the rating downgrade, my mailbox was inundated with questions of what this action meant for investing, in general, and for corporate finance and valuation practice, in particular, and this post is my attempt to answer them all with one post. Determinants So, why do risk-free rates vary across time and across currencies?

Investments 98

Investments Currencies Treasury Hurdle Rate 98

PYMNTS

DECEMBER 13, 2019

In the running toward things column, there was German challenger bank N26’s big push into the U.S. Banks, unsurprisingly, who also need to make profits, put the kibosh on debit rewards. might be on the verge of making a comeback — as German Challenger Bank N26, currently expanding into the U.S.,

Profit and Loss 52

Profit and Loss Banking Valuation Investments 52

PYMNTS

NOVEMBER 8, 2019

The problem with large investments – the type that run into the billions of dollars – is that just as gains can be astronomical, the losses can be devastating. billion rescue, and also said it had taken its valuation of the beleaguered workspace company down by 80 percent, to around $5 billion at the end of the most recent quarter.

Profit and Loss 40

Profit and Loss Valuation Education Currencies 40

PYMNTS

JUNE 30, 2017

Turns out that investors get nervous when profits prove elusive. Thus, a possible tech stock market fizzle, should this indeed be a harbinger, where the $2 billion valuation is the same as implied by a Blue Apron funding round two years ago. bank to get only conditional approval from the U.S. Capital One was the only U.S.

Profit and Loss 40

Profit and Loss B2B B2C eCommerce 40

Global Finance

MAY 10, 2024

“As of 2022, it appears that while China was pulling back investment in the US, the US was actually increasing investment in China,” says Brett Ryan, senior US economist and director at Deutsche Bank Securities. Deutsche Bank’s Ryan sees the uptick in trade in Latin America as less a case of nearshoring than a detour to avoid costly tariffs.

Mergers and Acquisitions (M&A) 52

Mergers and Acquisitions (M&A) Manufacturing Profit and Loss Investments 52

Musings on Markets

JANUARY 9, 2021

To illustrate, consider a practice in valuation, where analysts are trained to add a small cap premium to discount rates for smaller companies, on the intuition that they are riskier than larger companies. As market capitalizations have quickly retraced their losses, but operating variables have not, the multiples reflect that disconnect.

Valuation 52

Valuation Currencies Numbers Corporate Finance 52

Cube Software

MAY 11, 2023

Pro forma income statement The income statement (also known as the profit & loss or P&L statement) mainly evaluates revenue and operating expenses, along with other metrics related to each like cost of goods sold (COGS) or net income. What if your expenses suddenly increased by a significant margin, or revenue dropped sharply?

GAAP 40

GAAP Financial Planning and Analysis (FP&A) Profit and Loss Accounting Principles 40

PYMNTS

APRIL 14, 2017

The firm got $600 million in the latest funding round, giving it an implied valuation of $7.5 Wells Fargo: Yes, the bank missed earnings on the Street, with a four-penny shortfall amid lending slowdowns. After the withdrawal of the S7 from the market — and the resulting loss of $5.4 Let’s call it … upwardly mobile.

Profit and Loss 40

Profit and Loss Construction Valuation Sales 40

PYMNTS

JUNE 24, 2016

But on the upside, with the various scandals, higher than expected default rates, and a loss of stock market investor confidence that neatly mirrors the diminishing confidence of platform investors, the various online lenders of the nation have likely gotten good at bracing themselves. The fizzle wears on.

Currencies 40

Currencies Profit and Loss Communication Retail 40

Barry Ritholtz

DECEMBER 5, 2023

And that was very important because when this was the dawning of what is now a big analyst program across the country in all banks and investment banks. There was no m and a departments in any investment bank really until the very late seventies. How, how are the higher rates affecting valuations amongst private companies?

Mergers and Acquisitions (M&A) 69

Mergers and Acquisitions (M&A) Investments Valuation Numbers 69

Musings on Markets

MAY 7, 2023

I also used the banking framework to argue that good banks have stickier deposits, with a higher precent of these deposits being non-interest bearing, that they invest in loans and investment securities on which they earn interest rates that cover and exceed the default risk in these investments. All Equity, All the time!

Investments 91

Investments Banking Valuation Profit and Loss 91

Musings on Markets

DECEMBER 10, 2023

Of course, and with small businesses, especially those built around personal services (a doctor or plumber’s practice), it is part of the valuation process, where the key person is valued or at least priced and incorporated into valuation. Who is a key person?

Valuation 128

Valuation Profit and Loss Entertainment Investments 128

Barry Ritholtz

FEBRUARY 17, 2025

And so the way I came across finance is when I was in high school, I was applying for scholarships for college and I came across the Thomas Rex Smart Start Scholarship program that was run by Chase Bank. Economics had a fundamental flaw, like the base concept of humans as rational profit maximizing decision makers. Really interesting.

Investments 59

Investments Economics Marketing Benchmarking 59

CFO News Room

DECEMBER 23, 2022

While RIA M&A activity has been red hot during the past couple of years, a survey suggests that advisors are expecting lower valuations in 2023. A review of financial planning actions, from tax-loss harvesting to charitable giving, that have a December 31 deadline. Adam is an Associate Financial Planning Nerd at Kitces.com.

Mergers and Acquisitions (M&A) 130

Mergers and Acquisitions (M&A) Planning Valuation Securities 130