Equity reports

Get to know your offshore companies: MICROSOFT CORPORATION (NASDAQ: MSFT)

Microsoft Corporation develops, licenses, and supports a range of software products, services and devices. recently released its financial results for the second quarter ended 31 December 2019. Gross margins for the period improved by 22% to $24.5 billion (2Q2019: $20 billion), and net income grew by 38% to $11.6 billion (2Q2019: $8.4 billion). Total revenue […]

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Get to know your JSE companies: ANHEUSER-BUSCH INBEV NV (JSE: ANH)

AB Inbev released its fourth-quarter results and full-year 2019 results on 27 February 2020. Revenue for the fourth quarter grew organically by 2.5% to $13.3 billion and for the 2019 financial year, increased by 4.3% to $52.4 billion. The group reported total volume growth of 1.6% in the fourth quarter and 1.1% for the fiscal year. […]

Equity reports

Get to know your offshore companies: ALPHABET INC. (NASDAQ: GOOGL)

Alphabet Inc recently released its fourth-quarter and fiscal year results for the period ending 31 December 2019. The figures, when compared to expectations, were mixed, which lead to Alphabet’s share price decreasing by approximately 4% in the after-hours following the release of these results. Revenue increased by 18% year on year to $162 billion (20% […]

Equity reports

Get to know your offshore companies: APPLE INC. (NASDAQ: AAPL)

Apple announced its financial results for the first quarter (FY2020), ended 28 December 2019 on Tuesday, 28 January 2020. The group’s quarterly revenue increased by 8.9% from $8.4 billion (2019: Q1) to $9.1 billion (2020: Q1). When considering the different categories in which Apple earns revenue, there was a decline of 3.5% in the revenue from […]

Equity reports

Get To Know Your Offshore Companies: TENCENT HOLDINGS LTD (HK: 0700)

Tencent Holdings Limited recently released its third-quarter results for the period ended 30 September 2019. The group reported revenue of RMB 97.23bn, up by 21% compared to the prior period (3Q18: RMB 80.59bn). The fastest-growing segment was the Fintech & Business segment. Tencent’s online advertising business reflected the slowest growth rate relative to VAS and Fintech […]

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Get to know your offshore companies: WALT DISNEY COMPANY (NYSE: DIS)

The Walt Disney Company released its results for the financial year (FY19) ending 30 September 2019, as well as its fourth-quarter results. The group posted revenue of $69.57bn (FY18: $59.43bn) for the full year, which increased by 17.06% year on year. The company’s diluted earnings from continuing operations per share declined by 25% to $6.27 […]

Equity reports

Get to know your offshore companies: ANHEUSER BUSCH INBEV NV (EURONEXT: ABI.BR)

Anheuser Busch is one of the largest brewing companies in the world, with a portfolio of over 500 beer brands. The company released its third-quarter results on the 25th of October 2019 for the nine months ending 30 September 2019. They reported total revenue of $13.17bn for the third quarter, up by 1.98% (3Q:18 $12.9bn). During […]

Equity reports

Get to know your offshore companies: ALPHABET INC. (NASDAQ: GOOGL)

Alphabet Inc recently released its third-quarter results for the period ending 30 September 2019. The company beat expectations on revenue, delivering top-line growth of 20% to $4.5bn, driven by mobile search, YouTube and cloud. The group’s net income  decreased to $7.08bn (3Q18: $9.1bn) which translated into diluted earnings per share of $10.12, a decline of […]

Equity reports

Get to know your offshore companies: PEPSICO INC (NASDAQ: PEP)

PepsiCo reported its third-quarter 2019 results on the 3rd of October. The company’s core earnings per share declined year-over-year, due to increased selling & general expenses, which also negatively affected operating margin. The group indicated that it expects to meet or exceed its organic revenue target of 4% for the full year. Year-to-date, the group […]