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 cash flow was 3,427 million USD (6 months). Moreover, FCF margin recorded 32%.

As for GDV (Gross Dollar Volume) growth by region, Latin America recorded the highest growth of up 35% (YoY, 3 months). It was followed by Canada of up 19.2%. Meanwhile, GDV growth in Europe recorded the lowest growth of up 2%.

As you can see, the recovery speed after opening of borders becomes relatively slowed down. However, Mastercard is still recording double-digit growth in its net revenue.  Thus, we expect that solid growth of Mastercard will continue. Accordingly, Watanabe and Brothers’ Investment will continue to invest in Mastercard.

Mastercard Incorporated (NYSE: MA) Stock Chart

Important Notice 

  1. Watanabe & Brothers’ Investment is holding shares of Mastercard.
  2. This report is provided solely for informational purpose and not intended for the purpose of soliciting investment in, or as a recommendation to purchase or sell any specific products. 
  3. Any opinions or statements expressed in this report are based on the author’s personal and subjective views, and are not the official views of the organization to which the author belongs.  In addition, although we have done our best efforts in making accurate assessments on the original financial statements, we cannot guarantee any complete accuracy of this report. We do not guarantee either that any future forecasts referred to in this report will certainly be realized. Investment in listed stocks, ETFs, etc. should be carried out under the responsibility of each investor, and even if the investor who read this report suffers a loss due to investment activities, Watanabe & Brothers’  Investment is not responsible for any liability.
  4. This report was originally prepared in English, and translated into the other languages with plugin utilizing Google Translation API. We hereby notify that the translations are provided only for the sake of reference, and any opinions or statements in this report should be interpreted in original English. We ask any investors reading this report to refer to the original financial statements issued by the company.
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