Analysis Reports

Block (NYSE: SQ) announced its 2023 Q1 financial results on May 4, 2023. According to the announcement, total net revenue was up 26% (YoY, 3 months). In addition, gross profit was up 32% and adjusted EBITDA was up 89%. Meanwhile, Block recorded an operating loss of 6,172 thousands USD (226,789 thousands USD in 2022 Q1).Continue reading “Adjusted EBITDA was Up 89% in Block’s 2023 Q1 Results”

Apple (NASDAQ: AAPL) announced its 2023 Q2 financial results on May 4, 2023. According to the announcement, total net sales were down 3% (YoY, 3 months). In addition, operating income and net income were down 6% and 3%, respectively. Product sales were down 5%, but services revenue was up 5% (YoY, 3 months). Currently, servicesContinue reading “Free Cash Flow was Up 27% in Apple’s 2023 Q2 Results”

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”

Teladoc Health (NYSE: TDOC) announced its 2023 Q1 financial results on April 26, 2023. According to the announcement, revenue was up 11% (YoY, 3 months). In addition, amount of operating loss was decreased to 77,102 thousands USD from 6,669,379 thousands USD in 2022 Q1. Moreover, net loss in 2023 Q1 was 69,228 thousands USD. InContinue reading “Adjusted EBITDA recorded Double-Digit Growth in Teladoc’s 2023 Q1 Results”

Visa (NYSE: V) announced its 2023 Q2 financial results on April 25, 2023. According to the announcement, net revenues were up 11% (YoY, 3 months). In addition, operating income and net income were up 11% and 17%, respectively (YoY, 3 months, GAAP). Among revenues, international transaction revenues recorded the highest growth of up 24% (YoY,Continue reading “Visa recorded Double-Digit Growth in 2023 Q2”

Microsoft (NASDAQ: MSFT) announced its 2023 Q3 financial results on April 25, 2023. According to the announcement, revenue was up 7% (YoY, 3 months). In addition, operating income and net income were up 10% and 9%, respectively. When looking at segment revenue, Intelligent Cloud recorded the highest growth of up 16%(YoY, 3 months). It wasContinue reading “Intelligent Cloud showed Superior Business Performance in Microsoft’s 2023 Q3 Results”

On November 29th, 2020, we, Watanabe & Brothers’ Investment, visited Tesla Japan Minami Aoyama. At Tesla Japan Minami Aoyama, Model 3 is exhibited. A person in charge (PIC) politely explained the features of Model 3 as well as Tesla’s efforts. Currently, the price of Model 3 is currently about ¥ 5 million. It is moreContinue reading “Tesla is leading in Autopilot Technology”

Food and Drug Administration (FDA) issued an emergency use authorization for Abbott Laboratories’ (NYSE: ABT) BinaxNOWTM COVID-19 Ag. BinaxNOWTM COVID-19 Ag is a card-type tool for rapidly detecting COVID-19 infection in only 15 minutes. According to the press release, Abbott are going to distribute it for $5. BinaxNOWTM COVID-19 Ag is one of antibody testContinue reading “FDA issued Emergency Use Authorization for Abbott’s COVID-19’s Antibody Test Kit”

For startups, success in financing is a crucial step for succeeding in their business. When focusing on debt financing among startup’s financing, intellectual property-backed financing focusing on intellectual property right (IPR) value seems promising. However, IPRs as intangible fixed assets have the lower liquidity. Thus, IPRs are very difficult to be converted to cash. InContinue reading “Financing Strategies of Startups and Role of IPRs”

Intellectual Property (IP) is often said to be important in growth strategy of startups. However, we do not have any consensus yet on what kind of IP strategy is important. As for large companies, number of IPs is certainly important. It would be symbolized by Google’s acquisition case of Motorola Mobility. On the other hand,Continue reading “Role of Intellectual Property in Startups’ Growth Strategy”