NCR Atleos NATL Earnings Analysis

Revenue Analysis:

Examination of Total and Operating Revenue shows a trend where the revenues have slightly decreased from $1,048,000,000 in Q2 2023 to $1,020,000,000 by Q1 2023. Looking at Gross Profit, there was a rise from $220,000,000 in Q1 2023 to $275,000,000 in Q3 2023, and then a minor decline to $186,000,000 by Q4 2023.

Cost Management:

Cost of Revenue slightly decreased to $800,000,000 by Q1 2023, from $791,000,000 in Q2 2023, while in Q4 the cost surged to $912,000,000. Operating Expenses followed a similar variable trend with an increase to $163,000,000 in Q4 from $157,000,000 in Q1 2023. Total Expenses peaked at $1,075,000,000 in Q4 2023 up from $957,000,000 in Q1 2023.

Profitability Analysis:

Regarding profitability, EBITDA peaked at $161,000,000 in Q3 before plunging to $26,000,000 in Q4 2023. Operating Income mirrors this, peaking at $98,000,000 in Q3 2023 before falling to $23,000,000 by Q4 2023. Pretax Income remains volatile, with a peak of $90,000,000 in Q3, which then dropped drastically to -$120,000,000 by Q4. Net Income followed a similar pattern, evidencing losses in Q1 and Q4 of 2023.

Cash Flow Indicators:

Reconciled Depreciation stayed fairly constant around $60,000,000 to $71,000,000 throughout the year. Interest Expense was consistent at $63,000,000 in Q1 2023, dropping slightly to $60,000,000 by Q2, and rising again in Q4 2023.

Taxation:

The Tax Rate was set at 0.21 across most periods except Q2 2023 which was 0.306667. Variability in Tax Provisions was noted, spiking at $147,000,000 in Q3 2023 before a significant reduction. Tax Effect of Unusual Items was generally minimal except for a reduction during Q2 and Q3 2023.

Shareholder Metrics:

Diluted and Basic EPS ranged from -2.28 in Q4 2023 showing significant losses, to 0.759312 in Q2 when the company was profitable. Average Shares came in around 70 million, with no significant fluctuation. Net Income Available to Common Stockholders mirrored net income figures, observing the highest losses in Q4 2023.

Conclusion:

NATL has observed a volatile fiscal performance over the past quarters with significant fluctuations in profits and costs. The company needs to address the rising cost of revenue and operating expenses monopolizing profits. Strategies for sustainability and future growth should concentrate on enhancing operational efficiency and profit resilience.