Last Updated: 19 Sep 2024
Executive Summary
MariaDB plc (MRDB) is a publicly traded company in the technology sector, specializing in prepackaged software. With a market capitalization of $37.94 million, the company has a strong presence in the industry. Despite facing challenges, MariaDB has shown resilience and continues to grow its revenue. The latest stock price of $0.55 presents an opportunity for investors to consider the company's potential for growth.
Company Overview
MariaDB plc is a leading provider of open-source database software. The company's flagship product, MariaDB, is a relational database management system known for its reliability, scalability, and performance. MariaDB is used by a wide range of organizations, including Fortune 500 companies and government agencies.
Fundamental Analysis
Revenue: MariaDB reported revenue of $54.55 million in the trailing twelve months (TTM), representing a 4% increase year-over-year.
Earnings: The company reported a net loss of $22.54 million in the TTM, resulting in a loss per share of $0.59.
Profitability: MariaDB's profit margin and operating margin are both negative, indicating that the company is not yet profitable.
Balance Sheet: The company has a negative book value of $0.966, which is a concern.
Cash Flow: MariaDB has negative operating cash flow, which means that it is not generating enough cash from its operations to cover its expenses.
Technical Analysis
Price Action: The stock price has been trading within a range of $0.155 to $0.768 over the past 52 weeks.
Moving Averages: The 50-day moving average is currently at $0.545, while the 200-day moving average is at $0.423.
Relative Strength Index (RSI): The RSI is currently at 45, indicating that the stock is neither overbought nor oversold.
Short Term Outlook
In the short term, MariaDB is expected to continue facing challenges due to its negative profitability and cash flow. However, the company's revenue growth and strong market position provide some optimism. The stock price is currently trading near its 50-day moving average, which could provide support.
Long Term Outlook
The long-term outlook for MariaDB is more uncertain. The company needs to address its profitability issues and generate positive cash flow to sustain its growth. If MariaDB can achieve these goals, it has the potential to become a major player in the database software market.
Analyst Recommendations
Currently, there are no analyst recommendations available for MariaDB plc.
