Earnings Alerts

Deliveroo (ROO) Earnings: FY Adjusted EBITDA Aligns with Estimates, Eyeing 4%+ Margin Growth

  • Deliveroo‘s adjusted EBITDA for the fiscal year was GBP129.6 million, slightly below the estimate of GBP129.9 million.
  • Total revenue for the year reached GBP2.07 billion.
  • Gross profit stood at GBP766.9 million.
  • The adjusted EBITDA margin was 1.7%, marginally under the estimated 1.73%.
  • Deliveroo aims to achieve an adjusted EBITDA margin of over 4% in the medium term, with an accelerated improvement expected from 2026.
  • Market sentiment includes 12 buy ratings, 3 hold ratings, and 2 sell ratings for Deliveroo stock.

Deliveroo on Smartkarma

Smartkarma, an independent investment research network, is abuzz with analyst coverage of Deliveroo. Travis Lundy‘s report, “UK100 and UK250 Index Rebals: Some Interesting Trades,” expresses a bullish sentiment. Lundy highlights the team’s accurate predictions for changes in the UK100 and UK250 indexes, with special attention to notable additions like Mobico Group. Janaghan Jeyakumar, CFA, in the report “Quiddity Leaderboard F100/F250 Dec 24: Final Trading Day; Announcement Tomorrow!,” also leans bullish. Jeyakumar anticipates multiple index changes for F100 and F250, influenced by market cap dynamics nearing December 2024.

In another report by Janaghan Jeyakumar, CFA, titled “Quiddity Leaderboard F100/250 Dec 24: LONGs Up 10% Vs Index in a Month; Time for New Trade,” the sentiment remains bullish. Jeyakumar suggests revising trades with F250 potential ADDs outperforming the index by 10%. The analysis forecasts index changes for F100 and F250 in December 2024, emphasizing the impact of UK Listing Rules adjustments made earlier in 2024. With multiple changes expected, analysts on Smartkarma are closely monitoring Deliveroo‘s performance amid shifting market dynamics.


A look at Deliveroo Smart Scores

FactorScoreMagnitude
Value2
Dividend1
Growth5
Resilience5
Momentum3
OVERALL SMART SCORE3.2

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

Deliveroo PLC, a company providing software solutions, is showcasing a promising long-term outlook with its impressive scores in Growth and Resilience, both rated at the top score of 5 according to Smartkarma Smart Scores. The company’s focus on expanding and adapting to the evolving market trends positions it well for sustained growth in the future. Moreover, its robust resilience score reflects Deliveroo‘s ability to withstand challenges and maintain stability even in unpredictable market conditions, indicating a strong foundation for the company’s future prospects.

Although Deliveroo scores lower in Value and Dividend factors at 2 and 1 respectively, the high Growth and Resilience scores overshadow these weaknesses, highlighting the company’s potential for significant long-term performance. With a moderate Momentum score of 3, Deliveroo is showing steady progress in capturing market opportunities and driving business forward. Overall, Deliveroo‘s emphasis on growth and resilience bodes well for its future success in the competitive online food delivery sector on a global scale.


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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