Tonight I'm going to copy Expedia (Mandarin Version)
Follow me and I will update and share more growth companies every week 😁
First, find out why $Expedia(EXPE.US$ Will the stock price fall sharply?![]()
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In fact, this is already expected, as company exchevers claim 48M in Q1 2024. The company then announced a slight reduction in sales for 2024.
#季報分析：
Then, of course, after a careful analysis of this quarterly report, we found that EBIT (Earning before Interest and Tax) for the quarter was -59M, down from a loss of 51M in Q1 2023.
The EBIT rate then dropped from -4.1% to -2.1%. PROFITABILITY ROSE 2%. (To add here, the company's revenue and profits are seasonal, each Q1 is losing money, and Q2 and Q3 are highly profitable)
SEVERAL MAJOR EXPENSES THIS QUARTER WERE ALSO ONE-OFFS, COMPARED TO 48M CLIFF RESTRUCTURING COSTS, $15M IN LEGAL PREPARATION FEES, 45M OTHER LOSSES (EXCHANGE RATE, LOWER SUBSIDIARY SHARE PRICE)
In addition to this, there are 4 big reasons behind Expedia:
1. ![]()
The corporate net interest rate has been steadily rising, from a peak of 4.68% in 2019 to 6.21% in 2023.
Mainly because the company completed the One Key project, unifying all customers and systems so that the company can cross-sell. Moreover, the company also laid off marketing agencies in different countries early on, and now has its own team management. And this also allows the company to cut 8% of its employees at a time of growth.
2. ![]()
The company's revenue will still grow in 2024 (7% to 9%)
The company's CEO forecasts, and International Travel Agency, Global Data, Allied Market Research, etc., estimate that the online travel industry will grow 10% to 14% annually (until 2030)
3. ![]()
The company also has 4.1Billions to buy back shares of the company, which can buy 25.13% of all shares now
4. ![]()
The subsidiaries in which the company invests: Global Business Travel Group and Despegar.com are both growing. Moreover, Despegar.com also turned a loss to a profit in the latest quarter.
The stock prices of both companies have been rising since April 1, which will directly bring a good net profit to ExpediAQ2.
⬇️⬇️ Watch the full version and my expected target share price on Youtube.
Tonight, I will start the first round of scrimping, and then, get ready to buy again at a lower position 😆😆, if there is a chance to buy again!
Follow me and I will update and share more growth companies every week 😁
Click hereYou can name me a 90-minute [7 steps of company screening] open course that I shared!
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曾是金融科技公司CEO，35歲退休。主要投資在美国中國的成長型公司。投資組合：
2023: +73.91%
2024: +26.71%
YT 🔍姐夫說美股
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Kimmy0016 : Thanks for sharing!
姐夫說美股OP Kimmy0016: You are most welcome!