Independent research on the U.S. markets, Baptista Research

Baptista Research

Independent research on the U.S. markets

Baptista Research is an independent financial research house focused on the U.S. markets. We provide equity research as well as credit research reports on the top-listed U.S. companies with most of our focus on technology, consumer goods and services, automobiles, industrials, oil and gas, pharma, and healthcare. Our research has served more than 3000 institutional investors including mutual funds, hedge funds, banks, family offices, and various buy-side firms. We operate a research subscription service where institutions, as well as retail investors, can have priority access to all our research. We also have a wide distribution of our research reports across some of the top global financial platforms. Apart from equity research and credit research, we also provide advisory services with respect to mergers & acquisitions (M&A), private equity/ venture capital fundraising, valuation reports, and investment management services for corporates.
Baptista Research is owned and managed by Ishan Majumdar, an ex-Venture Capitalist/ Investment Banker, a Chartered Accountant, and a Masters’ degree holder in Management from HEC Paris. Ishan has nearly a decade of experience in Mergers and Acquisitions, Leveraged Buyouts (LBOs), Venture Capital Investing, Corporate Strategy, and Valuation in front-office roles at the likes of BNP Paribas CIB, Credit Agricole CIB, Groupe Danone, and TIW Private Equity. He has worked on and closed multiple acquisition deals, leveraged buyouts, and start-up investment transactions.

Equity Bottom-Up

<ul><li>Frontdoor, Inc. delivered a robust financial performance for the second quarter of 2024, with notable progress on strategic fronts, despite facing macroeconomic challenges and a tough real estate environment.</li><li>The company reported a revenue increase of 4% reaching $542 million and observed a significant expansion in gross margin, up by 470 basis points to 56%.</li><li>Adjusted EBITDA improved by 31% to $158 million, and free cash flow saw a substantial rise, more than doubling to $91 million.</li></ul>

Frontdoor, Inc. delivered a robust financial performance for the second quarter of 2024, with notable progress on strategic fronts, despite facing macroeconomic challenges and a tough real estate environment.The company reported a revenue increase of 4% reaching $542 million and observed a significant expansion in gross margin, up by 470 basis points to 56%.Adjusted EBITDA improved by 31% to $158 million, and free cash flow saw a substantial rise, more than doubling to $91 million.

frontdoor Inc.: Engagement & Upscaling via Technological Advancements & Other Major Developments

<ul><li>Frontdoor, Inc. has reported a promising first quarter of 2024, revealing solid financial performance and operational improvements despite external market challenges.</li><li>The company recorded a 3% increase in revenue reaching $378 million.</li><li>This growth was accompanied by a substantial increase in gross margin, which rose by 510 basis points to 51%, and a 33% rise in adjusted EBITDA, setting a new record for the first quarter at $71 million.</li></ul>

Frontdoor, Inc. has reported a promising first quarter of 2024, revealing solid financial performance and operational improvements despite external market challenges.The company recorded a 3% increase in revenue reaching $378 million.This growth was accompanied by a substantial increase in gross margin, which rose by 510 basis points to 51%, and a 33% rise in adjusted EBITDA, setting a new record for the first quarter at $71 million.

frontdoor Inc.: Brand Revitalization & Marketing Strategy A Game Changer! - Major Drivers

<ul><li>The fourth quarter and full fiscal year 2023 earnings offered insights into Frontdoor's financial performance, key initiatives, and strategic moves being executed by the company.</li><li>From the CEO, Bill Cobb's comments, it is evident that 2023 was a record year in which the company exceeded Expectations and delivered exceptional financial performance.</li><li>Baptista Research looks to evaluate the different factors that could influence the company's price in the near future and attempts to carry out an independent valuation of the company using a Discounted Cash Flow (DCF) methodology.</li></ul>

The fourth quarter and full fiscal year 2023 earnings offered insights into Frontdoor's financial performance, key initiatives, and strategic moves being executed by the company.From the CEO, Bill Cobb's comments, it is evident that 2023 was a record year in which the company exceeded Expectations and delivered exceptional financial performance.Baptista Research looks to evaluate the different factors that could influence the company's price in the near future and attempts to carry out an independent valuation of the company using a Discounted Cash Flow (DCF) methodology.

Frontdoor Inc.: Initiation Of Coverage - Revenue Enhancements & Customer Base Growth Strategies! - Major Drivers

United States

frontdoor, inc. operates as a building sub-contractor. The Company offers home service plans, such as repairs and replacement of electrical, plumbing, HVAC systems, water heaters, refrigerators, dishwashers, and cooktops. frontdoor serves customers in the United States.

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frontdoor Inc (FTDR US)

frontdoor Inc.: Engagement & Upscaling via Technological Advancements & Other Major Developments

Frontdoor, Inc. delivered a robust financial performance for the second quarter of 2024, with notable progress on strategic fronts, despite facing...

Baptista Research

frontdoor Inc.: Brand Revitalization & Marketing Strategy A Game Changer! - Major Drivers

Frontdoor, Inc. has reported a promising first quarter of 2024, revealing solid financial performance and operational improvements despite...

Baptista Research

Frontdoor Inc.: Initiation Of Coverage - Revenue Enhancements & Customer Base Growth Strategies! - Major Drivers

The fourth quarter and full fiscal year 2023 earnings offered insights into Frontdoor's financial performance, key initiatives, and strategic...

Baptista Research

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