English
Back
Download
Log in to access Online Inquiry
Back to the Top

$Liberty Formula One-A (FWONA.US)$Revenue has grown for 4 ye...

$Liberty Formula One-A (FWONA.US)$Revenue has grown for 4 years except for a 43.4% decline in 2020, with an average growth rate of 7.6% over 5 years. In 2023, the growth was 20.5%. Operating profit incurred a loss of 0.444 billion in 2020, only turning profitable in 2021, reaching 0.173 billion in 2022; net profit only turned profitable in 2022 with 0.562 billion, mainly relying on income tax refunds and securities sales gains to significantly exceed operating profit.
In Q1 2023, revenue surged to 2.144 billion, operating profit surged to 0.4 billion, net income reached 0.22 billion, and after deducting minority shareholder earnings, the net profit attributable to shareholders reached 0.18 billion.
Currently, the P/E ratio is 32.4, with a TTM P/E ratio increasing to 36.9. Considering the significant quarterly fluctuations in revenue of this competitive sports stock, the current valuation is not considered low; it may be prudent to observe for a few more quarters.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more
See Original
Report
6278 Views
Comment
Sign in to post a comment
    582
    Followers
    35
    Following
    3200
    Visitors
    Follow