The ride-sharing giant, Uber finally filed for its long-awaited IPO

The ride-sharing giant, Uber finally filed for its long-awaited IPO

Uber, the ride-sharing giant finally filed for its long-awaited IPO.   Highlights Monthly active users reached 91 million. Average user takes 5.5 trips in a month. Uber Eats accounted for 18% of total bookings, but the take rate (profit margin) has been on a declining trend. The largest shareholder is Japanese SoftBank Group (16.3% holding). [...]
Aussie Tech Unicorn Atlassian releases Q3 Earnings

Aussie Tech Unicorn Atlassian releases Q3 Earnings

Atlassian (NASDAQ: TEAM) announced 3Q19 earnings, which ended in June 2019. Atlassian provides team collaboration and productivity software such as Jira Software and Confluence.Over 144,000 customers are currently using their services. Revenue and Loss Atlassian made $309 million in revenue (+38% year-over-year) and -$27 million in operating losses (-9% YOY). The increased investment in research [...]
From family auto parts business to $9.5 billion annual revenue

From family auto parts business to $9.5 billion annual revenue

  If you had invested $US10,000 ($14,000) in O’Reilly Automotive (NASDAQ: ORLY) shares in April 2018 when the share price was $US222, your investment would have grown to around $US18,400 by mid-April this year. Even after the late April dip back to the $US380 region, you would still be sitting on a gain of some 70%. So [...]
6 key elements to consider when evaluating stock value

6 key elements to consider when evaluating stock value

Investing in offshore shares can seem exciting, but like any financial undertaking, you have to do your groundwork to ensure a sound investment strategy.     Fortunately, information about companies is readily available. This information is vital when making any decision regarding your stock portfolio. Many of us will rush towards established companies that have already [...]
Defensive vs Cyclical Shares: Which is Best For 2019 & Beyond?

Defensive vs Cyclical Shares: Which is Best For 2019 & Beyond?

“This is the time for defensive stocks to shine.” “Cyclical stocks are moving out of favour.” You must have heard phrases like these that include the terms – defensive stocks and cyclical stocks. In fact, you’ve probably heard them so many times that their true meaning may not even register as they blend in with [...]