Tag: Intuit

E-Commerce Is Fluid and Walmart Appears Undervalued

E-Commerce Is Fluid and Walmart Appears Undervalued

We spent much of last week collecting e-commerce and payments-related data. That long-form TEK2day report is on the back burner for now. In the interim we share our general thoughts on e-commerce and one retail giant in particular. The retail space is having difficulty overcoming COVID having suffered record bankruptcies. Brooks Brothers is the latest … Continue reading E-Commerce Is Fluid and Walmart Appears Undervalued

Higher Corporate Income Tax Rates and Advanced Automation Are Coming

Higher Corporate Income Tax Rates and Advanced Automation Are Coming

Regardless of who wins November's general election we expect higher corporate income tax rates in 2021 or more likely 2022. Today's 21% U.S. corporate tax rate will likely climb back to 35% or higher should Trump win re-election or to 40-45% should Biden win the Presidency. We expect companies to control expenses as a result … Continue reading Higher Corporate Income Tax Rates and Advanced Automation Are Coming

Intuit Reported to Acquire Credit Karma – Building A PFM Powerhouse

Intuit Reported to Acquire Credit Karma – Building A PFM Powerhouse

The Wall Street Journal reports that Intuit (ticker: INTU), plans to acquire Credit Karma for approximately $7 billion. A Credit Karma acquisition would compliment Intuit's 2009 $170 million acquisition of Personal Financial Management ("PFM") fintech company Mint.com. The Credit Karma deal would mark Intuit's first large acquisition under Sasan Goodarzi who became Intuit CEO in … Continue reading Intuit Reported to Acquire Credit Karma – Building A PFM Powerhouse

FinTech Valuations

FinTech Valuations

We took a snapshot of FinTech company valuations based on an extract from our CEORater database. We looked at Enterprise Value as a multiple of LTM Operating Cash Flow. You may access the file HERE or after the break below. Should you have any questions reach me at jmaietta@tek2day.com Tickers mentioned: BR, FDS, FICO, FIS, … Continue reading FinTech Valuations

FinTech for Growth & Profitability

FinTech for Growth & Profitability

Investors that value growth AND profitability ought to consider a number of tried-and-true FinTech names. Several days ago we were critical of some of the recent IPO and IPO hopeful crop of companies that enjoyed (even if temporarily) nosebleed valuations while delivering little in the way of recurring revenue much less profitability. Contrast that with … Continue reading FinTech for Growth & Profitability