sharpfokus
  • Asjmp
  • English
  • mm
  • Capital
  • ABMM
  • ADMF
  • AVIA
  • BBTN
  • BISI
  • BLTZ
  • BNII
  • BNLI
  • BRMS
  • BUKK
  • BVIC
  • CMNP
  • CMNT
  • DLTA
  • DRMA
  • DUTI
  • DVLA
  • DYAN
  • EAST
  • FASW
  • GOTO
  • HEXA
  • IKBI
  • INTD
  • IPPE
  • ITMG
  • JIHD
  • KDSI
  • MCOL
  • MEGA
  • MERK
  • MMLP
  • MPMX
  • MTDL
  • MTEL
  • MYOH
  • NFCX
  • NISP
  • OKAS
  • PPRO
  • RIGS
  • SLIS
  • SMDR
  • STAA
  • STTP
  • TCID
  • TGKA
  • VICI
  • WEHA
  • WIRG
  • WOMF
  • Home
  • CMG
  • CVX
  • BP
  • CVX
  • CL
  • META US
  • GOLD
  • FCX
  • MAR
  • INTC
  • IP
  • MA
  • NKE
  • PEP
  • PG
  • PLTR
  • T
  • TSN
  • TWTR
  • V
  • WMT
  • WY
  • Presents
  • Kenny
  • Ranks
  • Palmweekly
  • Stockbit
  • TXN
  • TIRA
  • Meeting
  • MBAP
  • HTUFS
  • 7Steps
  • INTA
  • Model
  • ESTI
  • Intern
  • Stockbitapp
  • SONA
  • BERK
  • Model1
  • Pdf
  • OBMD
  • PSKT
  • KIJA
  • DGIK
  • Data
  • IATA
  • Above
  • Untitled
  • ALF
  • Subscribe
  • SharpfokUS
  • Subcapital
  • Kings
  • Weekly2
Picture
Picture
UBER Cashflow negative again

Current 35 Target 36 + 3%

Feb 15, 2023
1 minute read


  • Last 12 months sales growth + 49%
  • Last 12 months cash flow -2% of market cap
  • Last 12 months Capital (debt & equity) paid (raised) -0% of market cap
  • Latest cash minus liabilities -28% of market cap

Sales grew 3%
Last 5 quarters quarterly sales growth, quarterly sales
19% 19% 18% 3% 3%
5,778 ; 6,854 ; 8,073 ; 8,343 ; 8,607 million dollars
  • Sales grew 3% in the fourth quarter to 8,607 million dollars .
  • This brings the quarterly average to 11% growth.
  • We predict average growth of 4% in this next 12 months to bring sales to 9,872 million dollars in the fourth quarter 2023.

Margin up profit up
Last 5 quarters cash profit margin, net profit
8% -1% -3% 1% 5%
870 ; -5,918 ; -2,616 ; -1,204 ; 600 million dollars
  • The cash profit margin went from 1% to 5% net profit from -1,204 to 600 million dollars in the fourth quarter.
  • The average margin is at 0% now.
  • We use a 5% cash profit margin to predict a -62 million dollars net profit in the fourth quarter 2023.

Cashflow more negative
Last 5 quarters operating, investment cashflow
638 ; -47 ; 393 ; 393 ; -244 million dollars
-2,268 ; -135 ; -54 ; 321 ; -1,769 million dollars
  • Free cashflow went from 714 to -2,013 million dollars in the fourth quarter with -1,769 million dollars investment cashflow.
  • Average quarterly Cashflow is at -286 million dollars now.
  • We assume -135 million dollars investment spending which with higher sales gives 328 million dollars average Cashflow in the next 12 months.

Net cash down
Last 5 quarters cash, liabilities
4,295 ; 4,184 ; 4,397 ; 4,865 ; 4,208 million dollars
23,629 ; 22,994 ; 23,451 ; 23,712 ; 23,605 million dollars
  • Cash declined 4,865 to 4,208 million dollars in the fourth quarter.
  • Liabilities declined 23,712 to 23,605 million dollars so net cash was down -18,847 to -19,397 million dollars
  • With our forecast cashflow & a 0 million dollars equity payout -1,313 million dollars liabilities net cash will be -18,084 million dollars in 12 months time.
​
Capital paid
Last 5 quarters capital (raised) paid from liabilities, equity
140 ; 0 ; 0 ; 0 ; 122 million dollars
-513 ; 0 ; -59 ; -251 ; -33 million dollars
  • UBER paid 89 million dollars in the fourth quarter 122 million dollars liabilities -33 million dollars equity, will pay 1,313 million dollars this next 12 months.
  • At the current market cap of 70,263 million dollars based on our forecasts it’s at 2.31 X assets with a 20 years payback & a 0% yield forecast.
  • Our cashflow forecast is 1,313 million dollars which means a 53 X valuation. A 55 X valuation gives a 3% higher target price 36 dollars.
SUBSCRIBE
  • Asjmp
  • English
  • mm
  • Capital
  • ABMM
  • ADMF
  • AVIA
  • BBTN
  • BISI
  • BLTZ
  • BNII
  • BNLI
  • BRMS
  • BUKK
  • BVIC
  • CMNP
  • CMNT
  • DLTA
  • DRMA
  • DUTI
  • DVLA
  • DYAN
  • EAST
  • FASW
  • GOTO
  • HEXA
  • IKBI
  • INTD
  • IPPE
  • ITMG
  • JIHD
  • KDSI
  • MCOL
  • MEGA
  • MERK
  • MMLP
  • MPMX
  • MTDL
  • MTEL
  • MYOH
  • NFCX
  • NISP
  • OKAS
  • PPRO
  • RIGS
  • SLIS
  • SMDR
  • STAA
  • STTP
  • TCID
  • TGKA
  • VICI
  • WEHA
  • WIRG
  • WOMF
  • Home
  • CMG
  • CVX
  • BP
  • CVX
  • CL
  • META US
  • GOLD
  • FCX
  • MAR
  • INTC
  • IP
  • MA
  • NKE
  • PEP
  • PG
  • PLTR
  • T
  • TSN
  • TWTR
  • V
  • WMT
  • WY
  • Presents
  • Kenny
  • Ranks
  • Palmweekly
  • Stockbit
  • TXN
  • TIRA
  • Meeting
  • MBAP
  • HTUFS
  • 7Steps
  • INTA
  • Model
  • ESTI
  • Intern
  • Stockbitapp
  • SONA
  • BERK
  • Model1
  • Pdf
  • OBMD
  • PSKT
  • KIJA
  • DGIK
  • Data
  • IATA
  • Above
  • Untitled
  • ALF
  • Subscribe
  • SharpfokUS
  • Subcapital
  • Kings
  • Weekly2