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Motley Fool Hidden Gems Investing

Follow the Cash: Celsius, Chegg, Nelnet

Motley Fool Hidden Gems Investing

The Motley Fool

Investing, Business

4.33.1K Ratings

🗓️ 9 August 2023

⏱️ 24 minutes

🧾️ Download transcript

Summary

Earnings from Chegg, Celsius, and Nelnet show why it pays to watch cash flow and how businesses can shore up when there’s cash on hand.  (00:21) Jim Gillies and Dylan Lewis discuss: - Celsius incredible top and bottom line results, but why investors should pay attention to the energy drink maker’s relationship with Pepsi and accounts receivable. - Whether Chegg can harness AI for its education offerings. - Why Nelnet’s slow and steady Berkshire approach continues to pay off.  Companies discussed: CHGG, NNI, CELH Host: Dylan Lewis Guests: Jim Gillies Engineers: Dan Boyd  Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

We've got some interesting earnings updates, just not from companies you'd expect.

0:09.1

Motelful Money starts now.

0:11.6

I'm Dylan Lewis and I'm joined over the airways by Motelful Canada analyst Jim Gillies.

0:25.2

Jim, thanks for joining me.

0:26.6

Thanks for the invite, Dylan.

0:28.0

Of course.

0:29.0

Today, we are going off the beaten path, Jim, and we are taking a look at earnings from

0:33.9

a few lesser-known names, but we're going to start with one of the biggest movers.

0:39.6

Celcius may be a company on people's radars if you're looking at big movers today.

0:45.0

Shares up 20% after reporting earnings.

0:47.5

Jim, if you haven't heard of this one, pay attention when you're in the beverage section

0:51.2

of the supermarket.

0:52.6

They are growing their presence there and some big numbers in the earnings report pushing

0:57.4

that big stock pop today.

1:00.3

Yeah, I mean, this is what I have heard of.

1:03.0

I was briefly an owner back a few a while ago and it was just a small position that we were

1:09.4

playing games with, but their earnings report, the headline news, looks pretty darn good.

1:15.0

I mean, I think revenue was up 112% year over year.

1:18.3

That's okay.

1:19.3

Gross margin was up 10% points, not basis points, percentage points up to 48.8%.

1:26.9

Net income was up 345%.

1:29.6

That sounds good.

...

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