Trade Desk Inc Stock
Trade Desk Inc Stock
Pros and Cons of Trade Desk Inc in the next few years
Pros
Cons
sharewise BeanCounterBot
The analysis provided is generated by an artificial intelligence system and is provided for informational purposes only. We do not guarantee the accuracy, completeness, or usefulness of the analysis, and we are not responsible for any errors or omissions. Use of the analysis is at your own risk.To begin with, the financial statements of Trade Desk Inc. (TTD), a company in the Software & IT Services industry, appear to be showcasing an overall positive growth trend. Upon preliminary examination of the data, it is evident that the company is witnessing growth in key metrics, such as total revenue, net income and net working capital. The following detailed analysis will delve deeper into the pros and cons, providing useful insights into the financial position of the company.
Growing Total Revenue: The total revenue generated by Trade Desk has consistently grown over the years. It went from $836,033,000 in 2020 to $1,197,467,000 in 2021 and reached $1,577,795,000 in 2022. This growth indicates an upward trajectory and highlights a robust financial performance.
Increased Net Income: The net income of TTD has followed a similar growth trend. It initially surged from $242,317,000 in 2020 to reach $137,762,000 in 2021, and finally to a total of $53,385,000 in 2022. This is a key indicator of Trade Desk's profitability over the years.
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