Alphabet Inc. (NASDAQ:GOOGL [$GOOGL] & NASDAQ:GOOG [$GOOG]), the company that owns the Google suite of products, Youtube, as well as the Android operating system, have made available its 4th quarter and full-year results ended 31 December 2022 (i.e. FY2022) last Thursday (02 Feb 2023).
This post was originally posted here. The writer, Jun Yuan Lim is a veteran community member and blogger on InvestingNote, with a username known as @ljunyuan and has close to 2100 followers.
In this post, you’ll find a summary of the salient points to take note of regarding the tech company’s latest financial figures, debt profile, whether or not at its current traded price, it is considered to be ‘cheap’ or ‘expensive’, along with my thoughts as a shareholder (with my average invested price at US$120.00.)
Let’s begin…
Financial Performance – FY2021 vs. FY2022:
** Correction: Typo in the image above – Net Profit for FY2021 should be US$76,033m, and for FY2022, it should be US$59,972m – My apologies. **...