Mastercard continued to show Double-Digit Growth in 2023 Q1

Mastercard (NYSE: MA) announced its 2023 Q1 financial results on April 27, 2023. According to the announcement, net revenue was up 11% (YoY, 3 months). In addition, operating income was up 18%, but net income was down 10%. Looking at trends of Gross Dollar Volume (GDV), Latin America continued to grow the most, up 20%Continue reading “Mastercard continued to show Double-Digit Growth in 2023 Q1”

Mastercard’s Business Performance is slowing down in 2022 Q4

Mastercard (NYSE: MA) announced its 2022 Q4 financial results on January 26, 2023. According to the announcement, net revenue was up 12% (3 months, YoY, GAAP). In addition, operating income and net income were up 13% and 6%, respectively. In addition, net cash provided by operating activities recorded an inflow of 11,195 million USD (+18%,Continue reading “Mastercard’s Business Performance is slowing down in 2022 Q4”

Free Cash Flow was Up 384% in Mastercard’s 2022 Q3 Results

Mastercard (NYSE: MA) announced 2022 Q3 financial results on October 27, 2022. According to the announcement, net revenue, operating income and net income were up 15%, 14% and 4%, respectively (YoY, 3 months). On quarter-over-quarter basis, these were up 5%, 3%, and 9%, respectively. Thus, 2022 Q3 results showed no signs of slowdown of theContinue reading “Free Cash Flow was Up 384% in Mastercard’s 2022 Q3 Results”

Mastercard is recording Double-Digit Growth in 2022 Q2

Mastercard (NYSE: MA) announced its 2022 Q2 financial results on July 28, 2022. According to the announcement, net revenue, operating income and net income were up 21%, up 29% and up 10%, respectively (YoY, 3 months). In this regard, net cash provided by operating activities was up 14% (YoY, 6 months). In addition, free cashContinue reading “Mastercard is recording Double-Digit Growth in 2022 Q2”

Mastercard’s Net Income was Up 44% in 2022 Q1

Mastercard Incorporated (NYSE: MA) announced 2022 Q1 financial results on April 28, 2022. According to the announcement, net revenue, operating income and net income were up 24%, 34% and 44%, respectively (GAAP, YoY, 3 months). Looking by region, gross dollar volume (GDV) shows the highest growth in Latin America of up 32% (USD, YoY, 3Continue reading “Mastercard’s Net Income was Up 44% in 2022 Q1”

Mastercard’s GDV is increasing in America and Europe

Mastercard (NYSE: MA) announced its 2021 Q4 financial results on January 27th, 2022.  According to the announcement, net revenue, operating income and net income were up 27%, 37% and 35%, respectively, to record extremely good performance (3 months, YoY, GAAP).  Diluted EPS increased by 35% (3 months, YoY, GAAP). As for GDV (All Mastercard Credit,Continue reading “Mastercard’s GDV is increasing in America and Europe”

Growth in Cross-Border Spending returned to Pre-Pandemic Level

Mastercard (NYSE: MA) announced its 2021 Q3 financial results on October 28, 2021. According to the announcement, total revenue was up 30% (YoY, 3 months). In addition, operating income and net income were up 29% and 59%, respectively. Moreover, diluted EPS was up 62%. According to the announcement, growth in cross-border spending has recently returnedContinue reading “Growth in Cross-Border Spending returned to Pre-Pandemic Level”

Mastercard recorded Double-Digit Growth in 2021 Q2

Mastercard (NYSE: MA) announced its 2021 Q2 financial results on July 29th. As a result, net revenue, operating income and net income were up 36%, 37% and 46%, respectively (YoY, 3 months). Mastercard had been sluggish since the onset of the COVID-19 pandemic. It was directly due to low consumer spending as well as aContinue reading “Mastercard recorded Double-Digit Growth in 2021 Q2”

Mastercard announced 2021 Q1 Earning Results on April 29th

Mastercard (NYSE: MA) announced its 2021 Q1 earning results on April 29th, 2021. According to the announcement, its net revenue was up 4%. Meanwhile, operating income was down 1% and net income was up 8%. Due to the COVID-19 pandemic, the cross-border volume is inferred to remain declining. However, Mastercard showed solid growth in itsContinue reading “Mastercard announced 2021 Q1 Earning Results on April 29th”

Cross Border Volume is still deteriorated due to COVID-19 Pandemic

Visa (NYSE: V) and Mastercard (NYSE: MA) announced their earning results on January 28th, 2021. According to Visa’s 2021 Q1 earning results, revenue, operating income and net income showed single-digit decline of 6%, 4% and 4%, respectively (3 months, YoY). Meanwhile, Mastercard’s 2020 Q4 results showed revenue, operating income and net income declined 7%, 14%Continue reading “Cross Border Volume is still deteriorated due to COVID-19 Pandemic”