Earnings Alerts

Adevinta ASA (ADE) Earnings: 1Q EBITDA Misses Estimates Despite Strong Mobile.de Performance

  • Ebitda for Adevinta in 1Q was EU165 million, missing the estimate of EU172.7 million.
  • France EBITDA was EU65 million, exceeding the estimate of EU63.5 million.
  • Mobile.de EBITDA was EU67 million, beating the estimate of EU61.9 million.
  • European Markets EBITDA was EU75 million, below the estimate of EU85.5 million.
  • International Markets EBITDA was EU8 million, missing the estimate of EU11.4 million.
  • Other and Headquarters EBITDA loss was EU49 million, slightly better than the estimated loss of EU49.2 million.
  • Operating revenue for Adevinta was EU480 million, just under the estimate of EU484.7 million.
  • France operating revenue was EU148 million, very close to the estimate of EU148.3 million.
  • Mobile.de operating revenue was EU108 million, above the estimate of EU105.3 million.
  • European Markets operating revenue was EU203 million, below the estimate of EU208.7 million.
  • International Markets operating revenue was EU20 million, missing the estimate of EU23.9 million.
  • Other and Headquarters operating revenue was EU2 million, far below the estimate of EU4.04 million.
  • Advertising revenue was reported at EU70 million.
  • Ebitda margin was 34.4%.
  • Analyst recommendations included 4 buys, 11 holds, and 0 sells.

A look at Adevinta ASA Smart Scores

FactorScoreMagnitude
Value4
Dividend1
Growth3
Resilience4
Momentum3
OVERALL SMART SCORE3.0

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Adevinta ASA, a company providing internet-based services, has been evaluated using the Smartkarma Smart Scores to gauge its long-term outlook. With a strong Value score of 4 and Resilience score of 4, Adevinta demonstrates solid fundamentals and a resilient business model. However, the company’s Dividend score of 1 indicates a lower emphasis on distributing profits to shareholders. In terms of Growth and Momentum, Adevinta has received scores of 3, reflecting moderate growth potential and momentum in the market.

Adevinta ASA creates networks of individuals collaborating towards common goals across various regions and sectors. The company caters to a global customer base, showcasing its reach and impact in the internet services sector. With a balanced mix of positive attributes and areas for improvement according to the Smartkarma Smart Scores, investors may consider Adevinta’s overall outlook as a combination of value, resilience, growth potential, and market momentum.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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