No Artificial Sweetener for Uber
Motley Fool Hidden Gems Investing
The Motley Fool
4.3 • 3.1K Ratings
🗓️ 7 February 2024
⏱️ 34 minutes
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| 0:00.0 | We've got two big-time names at all-time highs. Where do they go from here? |
| 0:08.8 | Motley Full Money starts now. I'm Dylan Lewis and I'm joined over the airwaves by Motley Full Analysts Tim Byers. |
| 0:25.0 | Tim, where is the caffeine meter checking in? |
| 0:28.0 | It's all about survival today, Dylan. |
| 0:30.0 | It's all about survival. |
| 0:32.0 | You know, I hope that the rest of your day goes better than the way it started, |
| 0:35.0 | but I do love that you are fully caffeinated and ready to go. |
| 0:39.0 | We've got some huge names in the digital economy, |
| 0:41.0 | posting some big time results, and we're going to stop to |
| 0:44.6 | smell the roses on a Valentine's Day stock. Tim we're going to start with |
| 0:48.7 | Uber because it is the end of an era at Uber. The company reported its Q4 results and its first ever full year |
| 0:56.7 | profit. Important to note that while it did post 1.4 billion in net income, a billion of that was the investment income, but Tim we had |
| 1:05.0 | a legitimate operating income for a full year from Uber. |
| 1:08.0 | I mean it's impressive. I have to give credit where it's due. |
| 1:13.1 | There are some growth investors who saw this early on. |
| 1:17.1 | We did make this a re-rec and rule breakers |
| 1:20.1 | about, I'm gonna say a little more than a year ago, but part of that was because of work done by others. |
| 1:26.8 | And I'll single out Henry Ellen Bogan at Durable Capital, who was early on seeing just how good |
| 1:38.0 | Uber was tracking. |
| 1:40.3 | And I've just a couple of numbers here, Dylan, you know, there was a thesis for Uber that if they could start generating real meaningful gains in gross bookings |
| 1:57.4 | and they could, no matter what you say about, |
| 2:00.0 | I'm not a big fan of adjusting anything, but management does get paid on what's called |
... |
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