Disclaimer: when we talk about, that something has grown, we mean a comparison with the same quarter a year earlier. Since all issuers are from the USA, then all results are in dollars - and if they are not in dollars, then we'll talk about it. References were used in the creation of the material, which are not available to users from the Russian Federation. We hope, Do you know, what to do.
Just look at these reports
Disney (NYSE: DIS) reported that, that revenue fell by 13%, but the profit increased by almost 2 times - up to 901 million. All this thanks to non-core income and investments.. In principle, this is not the worst result., if consider, that Disney relies heavily on amusement parks and sports broadcasts. But since the coronacrisis is not over, in both directions, do not expect a quick return to pre-pandemic levels.
The greatest growth for the company fell on the priority streaming direction for it.. Disney+ subscribers more than triple, ESPN + has increased by 75%, other streaming sites have double-digit growth rates. The bad news is, that the streaming segment is still unprofitable, so there is no big positive for accounting in the growth in the number of subscribers yet. And the growth rate is not so steep according to the market: Even Disney+'s 103.6 million subscriber milestone was below analysts' expectations., because they predicted 109.3 million.
There is nothing surprising in the slowdown - the services of competitors are already working at full capacity: HBO Max, Netflix, – and consumers have plenty to choose from. Disney itself is also slowing down movement in this direction.. For example, the company refuses to launch its business in the Russian Federation for some far-fetched reasons - while these same reasons do not at all prevent its competitors from Netflix from actively developing their business here, which brings them profit.
Disney's stated focus on streaming is largely a tool for artificially inflating quotes in the absence of real business success., rather than a real program of action. The company is too frivolous about the announced plans - and the offline business is still decisive for it.
У Airbnb (NASDAQ: ABNB) revenue increased by 5% - and on 6% compared to the same period 2019, what can and should be considered a great success. Travelers have to face an increasing number of restrictions, which make the trip very stressful. So the very fact, that the company's sales are at least a little, yes grown up, talks about, that she is still afloat. Compared to the situation before the pandemic, things are much worse: when compared with that, what happened 2 years ago, then the total number of bookings fell by 21%, and the total cost of all bookings increased by only 3%.
The company is in trouble with profits.: losses more than tripled, up to 1.172 billion, - largely due to large one-time costs. But one should take into account, that operating losses increased from 325.489 to 446.945 million - so that the profit will happen here it is not known when. May be, never.
German Merck (ETR: MRK) showed an increase in revenue by 6%, but he was uneven. Sales increased by 20,4% in the segment of scientific research, but fell in health care by 3,6% and in materials on 4,3%. Geographically, revenue growth was everywhere: most in North America 20%, and least of all in Europe - only 4,7%. The company's total profit increased by 63,7%.
Coinbase (NASDAQ: COIN) performed very well in the last quarter:
