Daily Brief Consumer: Shankara Building Products L, Coupang , Coursera and more

In today’s briefing:

Shankara Building Products: Updated Forensic Analysis
Coupang Inc.: Artificial Intelligence Integration & 5 Major Growth Drivers
Coursera Inc.: What Are Their Latest Innovations in Learning Platforms and Technology?

Shankara Building Products: Updated Forensic Analysis

Shankara Building Products L (SHANKARA IN) is seeing a healthy topline growth in the last three years but this is accompanied with margin contractions.
As far as the forensics are concerned, the company does not have grave auditor red flags like earlier but there are still some eye-catching checks.
Caution must be given to the finance costs of the company which look on a higher side vis-a-vis the borrowings. Moreover, inadequate provisioning might also expose out some receivables.

Coupang has commenced 2024 with a notable performance that underscores both strengths and areas in need of meticulous attention.
During the first quarter, Coupang reported a robust 28% year-over-year growth in revenues in constant currency terms, attributed primarily to increased spending across customer cohorts, including its longest-standing customers.
This points to successful customer retention and the appealing nature of its offerings.

Coursera reported mixed financial results for the first quarter of 2024, reflecting progress on strategic initiatives but facing challenges in revenue growth, particularly within their consumer segment.
The company reported a 15% year-over-year increase in revenue, which, despite aligning with progression in its product offerings and user base growth, fell short of internal expectations primarily due to softness in North American paid learners.
On the positive side, Coursera continues to strengthen its platform with enhanced educational content and broader partnerships, evidenced by the addition of new professional certificates and degrees, and significant emphasis on integrating generative AI technologies into its offerings.

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