Mosaic Co
Mosaic 4Q23: company update
2024-03-14
Materials
North America
Quarterly Results
The Mosaic Company reported net income of $1.2bn, making a 67% YoY decrease, along with an Adjusted EBITDA of $2.8bn, down 56% YoY for FY23. Mosaic’s revenue declined by 28% YoY to $13.7bn negatively affected by lower YoY fertilizer prices.
Udemy Inc
Udemy 4Q23: better margin, consumer segment to watch
2024-02-20
Academic and Educational Services
Technology
North America
Quarterly Results
Udemy reported revenue of $189.5mn in 4Q23, up 15% YoY, exceeding both guidance and our expectations. The company increased the number of business customers by 13% YoY to 15,726, while the Monthly Average Buyers number remained flat at 1.37mn, up 1% YoY.
Lyft Inc
Lyft 4Q23: good cost control, rides above expectations
2024-02-14
Technology
North America
Quarterly Results
Lyft reports gross bookings in line with our expectations at $13.8bn, up 14% YoY in FY23. Gross Bookings were driven by an 18% growth in rides to 709mn (5.6% above our expectations). Gross Bookings reached $3,724mn in 4Q23, up 17% YoY on the back of a 26% rides growth in 4Q.
Uber Technologies Inc
Uber Technologies 4Q23: strong momentum, good execution
2024-02-09
Technology
North America
Quarterly Results
Uber achieved a record Adjusted EBITDA of $1,283 million, up 93% YoY in 4Q23. The company reported Adjusted EBITDA of $4,052 million for FY23. Gross Bookings totaled $37,575 million in 4Q, marking a 22% YoY increase and a 6.5% QoQ rise.
Wise PLC
Wise 6M24: appreciating evangelical customers
2023-11-27
Financials
Europe
Quarterly Results
Wise’s customer base went up by 32% YoY to 7.2mn of active customers in 6M ended 30 September 2023 (1H24), with over 67% of new customers joining through word-of-mouth. The revenue growth reached 25% YoY and adj EBITDA was up 163% YoY for the period.
Uber Technologies Inc
Uber Technologies 3Q23: trips growth supports a healthy top-line
2023-11-10
Technology
North America
Quarterly Results
Uber reports Gross Bookings growth of 21% YoY to $35.3bn in 3Q23. Adj EBITDA reached $1.1bn. Net income was $221mn. Results came at the top of the company’s guidance range.
Anglo American PLC
Anglo American 3Q23 production update
2023-10-25
Materials
Multi-regional
Quarterly Results
Anglo American reports 3Q23 production results. The company increased copper output, while reporting a decline in De Beers diamond production, and lower nickel and iron ore output.
Udemy Inc
Udemy 2Q23: Adjusted EBITDA is first-time positive
2023-08-25
Academic and Educational Services
Technology
North America
Quarterly Results
Udemy reported revenue of $178.2mn in 2Q23, up 16.4% YoY and 1.0% QoQ. The result includes a 3% FX headwind. The company reported a first-time positive Adj EBITDA margin of 1%.
Lyft Inc
Lyft 2Q23: in line with guidance
2023-08-23
Technology
North America
Quarterly Results
Lyft reports quarterly revenue of $1.02bn, up 3% YoY and up 2% QoQ in 2Q23, in line with expectations. We update forecasts and TP.
Mosaic Co
Mosaic 2Q23: robust demand is coming back
2023-08-03
Materials
North America
Quarterly Results
The Mosaic Company delivered revenue of $3.4bn in 2Q23, down 37% YoY. Adjusted EBITDA reached $744mn, down 63% YoY in 2Q23, compared to $777mn in 1Q23. Mosaic’s results reflect declining YoY product prices.
Wise PLC
Wise FY23: strong results, multi-features among drivers
2023-07-07
Financials
Europe
Company Update
Wise reports strong FY23 results. Wise increased revenue by 51% YoY to £846mn in FY23, some 2.5% below our expectations.
Nutrien Ltd
Nutrien 1Q23: prices down to mid-cycle averages
2023-05-19
Materials
North America
Quarterly Results
Nutrien reports $576mn of net earnings, down 58% YoY, and adjusted EBITDA of $1.4bn, down 42% YoY in 1Q23 as product prices corrected from their highs.
