Weibo Corp (WB) – Stock shrink and a daunting advertising revenue!!

Weibo Corp (WB) (Q2FY23)

Stock performance: Weibo Corp stock price showed a downward trend in the past 3-month period and gave (22%) return. The price declined by 7% in the past 1 year. It had a 52-week high of $25.57 and a 52-week low of $11.22.

Quarter Performance: In Q2FY23, revenue fell 2% to $440mn as compared to $450mn in Q2FY22. In the six-month period, revenue declined 9% to $854mn from $934mn in the prior period due to a decrease of 9% Y/Y to $740mn.

Highlights

As of June 2023, Weibo had 599mn monthly active users (MAUs), with a net addition of around 17mn users compared to the previous year. The platform also recorded an average of 258mn daily active users (DAUs), with a net addition of approximately 5mn users on a Y/Y basis. In June 2023, a significant 95% of Weibo’s MAUs accessed the platform through mobile devices.

This report is useful for M&A, business & investment analysis to all students, researchers, investors, private equity houses, broking firms, hedge funds, advisory firms and corporates to decide upon their investment strategies. Do connect with us, if you are looking for equity valuation, recommendation, analysis and market recommendation for any specific company, sector and industry.

Highlights

Valuation

– Enterprise Value
– CrispIdea Forecast
– CrispIdea Segment Forecast
– Economic Value Added Analysis
– P/E Analysis
– Peer Valuation
– CrispIdea Forecast Relative to Consensus
– Consensus History and Surprise
– Consensus Momentum

Actual & Historical Performance

– Income Statement
– Balance Sheet
– Cash Flow
– 10-Year Historical Performance
– Ratio Analysis
– Du Pont Analysis
– ROIC & ROCE Analysis
– Segment Performance
– M&A Deals

Peer Performance

– Summary
– Profitability
– Growth
– Price Performance

Ownership

Stock Price Performance

Crispidea Coverage

No of Pages: 33

To download the previous quarter’s equity report CLICK HERE

To Download other equity reports CLICK HERE

Follow our LinkedIn page for more updates.