Sandeep Kumar Rai - Analyz(e)dge

💵 Trump Tariff: Shit Show

Sandeep Kumar Rai April 5, 2025

Trump's Reciprocal Tariffs in April 2025 The Reality of Tariffs Nearly $6 trillion was wiped from markets in 2 days. Tariffs' Impact: It has only lasting influence on market in a healthy economy(Which we don't have). Current Economy: Complex web of fiscal policies, not a healthy economy. Currency Debasement: In our economy value of currency ... Read more

Financials Analysis

🚕 GRAB : South East Asia’s Super App

Sandeep Kumar Rai March 13, 2025

TLDR; 3 consecutive quarters of positive FCF - Added $500 million to cash balances in last Q. Became GAAP profitable last quarter. Expanding digital banking presence across Singapore, Malaysia, and Indonesia Cross-Selling Opportunities & Reduced Customer Acquisition Costs for new services. GRAB Q4 FY24 Results: Revenue: $764M (+17% YoY) Net Income: $11M Net Margin: 1.4% ... Read more

Analysis Financials

📺 The Trade Desk : Digital Ads Backbone

Sandeep Kumar Rai February 22, 2025

TTD's Digital Out Of Home (OOH) Advertising TLDR; Customer Retention: Retention rate above 95% for 10th consecutive year. Connected TV (CTV) Growth: largest and fastest-growing channel, with video ads comprising nearly 50% of the business. Unified ID 2.0 Partnerships: Expanded collaborations, including with Spotify and Roku, to enhance user privacy and advertising relevance. Slower rollout ... Read more

Financials Analysis

📦Amazon: Sleeping Giant

Sandeep Kumar Rai February 9, 2025

TLDR; AMZN Q4 FY24 results show strong growth with $187.79B revenue (+10.5% YoY) Cloud computing revenue expected to reach $690B by 2032, driving growth. E-commerce revenue expected to reach $1.1T by 2027, with AMZN's 45% market share. Digital advertising revenue expected to reach $150B with 10% market share. AMZN expands into new areas: logistics, fintech, ... Read more

Financials Analysis

🖥ASML: Most Important Company in the World

Sandeep Kumar Rai January 30, 2025

ASML Netherlands HQ. TLDR; ASML's Q4 FY24 results: €9.3B revenue (+28% YoY), €2.7B net income (+31.5% YoY). Monopoly on EUV machines with huge moat due to complexity. Risk of sanction and supply chain issues. Expected 61% net income growth and 255% FCF growth by 2026. Fair value: €894.41, potential upside: 23.75%, expected returns: 9.02%/year. Hold ... Read more

Analysis Financials

🚗UBER: Its a Verb

Sandeep Kumar Rai December 15, 2024

TLDR; From money loosing to free cash flow of $2.1B(+133% YoY) Good growth in existing mature markets. Expansion in new markets (Japan, Spain, Argentina, Germany, South Korea, Italy) Uber has smart strategic partnerships with its competitors. Uber owns a 27.5% stake in Grab (Southeast Asian Uber) If Waymo and Tesla dominate the US market, they ... Read more

Analysis

📝Bonds Default Case Study

Sandeep Kumar Rai December 6, 2024

Lakshmi Vilas Bank Tier-2 bonds issue. Sequence of Events March 2014-June 2017: Lakshmi Vilas Bank issues three tranches of unsecured non-convertible redeemable fully paid-up Basel-III compliant Tier-2 subordinated bonds worth ₹318.20 crore. High coupon rate, ranging between 10.70% and 11.80% Quarter ended March 2018: The bank starts incurring continuous losses. September 30 2020: The bank's ... Read more

Financials Analysis

🥤Celsius Holdings: Specialized Drinks

Sandeep Kumar Rai December 1, 2024

TLDR; CELH Q3 FY24 Results: Revenue down 31% YoY, Net Income down 92% YoY, but International Sales up 37% YoY. Business Overview: Functional energy drink brand targeting fitness enthusiasts with low-calorie, no-sugar drinks. Competitors: CELH has 3% market share, vs. MNST (35%), Red Bull (25%), and Rockstar Energy (14%). Valuation: CELH's FCF margin is 16.5%, ... Read more