Lyft Inc
1Q22: above expectations despite soft demand
2022-05-18
Industrials
Information Technology
North America
Quarterly Results
Lyft reports $875.6mn revenue in 1Q22, up 44% YoY and compared to $969.9mn in 4Q21. Despite soft demand in January 2022, February figures show a rebound, and 1Q22 revenue is above outlook.
Uber Technologies Inc
1Q22: higher engagement contributes to revenue
2022-05-16
Industrials
Technology
Multi-regional
Quarterly Results
Uber reports revenue of $6,854mn, up 136.1% YoY and 18.6% QoQ in 1Q22. Increasing engagement across the platform allows the company to set FCF positive target for FY2022.
Nutrien Ltd
1Q22: global supply uncertainties support strong outlook
2022-05-13
Materials
North America
Quarterly Results
Nutrien reports $2.6bn adjusted EBITDA and $1.4bn net earnings in 1Q22 due to a high average realized prices offsetting lower sales volumes. The delayed planting in North America and geopolitical risks affected both volumes and prices.
Mosaic Co
1Q22: higher margin is driven by global supply risk
2022-05-05
Materials
North America
Quarterly Results
The Mosaic Company reports strong operating and financial results in 1Q22. Net income reached $1.18bn, or $3.19 per diluted share in 1Q22. Adjusted EBITDA reached $1.45bn in 1Q22 compared to $560mn a year ago.
Udemy Inc
Investing in upskilling
2022-04-25
Academic and Educational Services
Consumer Non-Cyclicals
North America
Initiation
We initiate coverage of Udemy, one of the leading global online learning platforms. Udemy provides a marketplace for content creators, learners, and corporates helping users to get access to affordable content from expert instructors.
Nutrien Ltd
Record EBITDA in FY21, higher forecasts for FY22
2022-03-16
Materials
North America
Quarterly Results
Nutrien reports $27.7bn sales, up 33% YoY, and a record Adjusted EBITDA of $7.1bn, up 94% YoY in FY21. High nutrient prices resulted in a record EBITDA in the retail segment and record potash sales volumes.
Mosaic Co
FY21: strong performance despite production cuts
2022-03-08
Materials
North America
Quarterly Results
The Mosaic Company reports a record net income of $1.6bn (+145% YoY), EPS of $4.27 per share, and a record Adjusted EBITDA of $3.6bn (+129% YoY) in FY21. The regular annual dividend was raised from $0.45 to $0.60 per share starting from 2Q22.
Uber Technologies Inc
Uber Technologies FY2021 results & mid-term targets
2022-02-23
Industrials
Technology
Multi-regional
Quarterly Results
Uber reports robust financial results with revenue up 83% YoY to $5,778mn on the back of 51% Gross Bookings (GB) growth to $25,866mn in 4Q21.
Lyft Inc
Lyft FY2021 results – robust revenue and margin
2022-02-10
Industrials
Technology
North America
Quarterly Results
Lyft reports $969.9mn revenue in 4Q21, up 70% YoY and 12% QoQ. The Contribution reached $578.8mn in 4Q21, up 83% YoY and 13% QoQ. Results are in line with our expectations.