The Trade Desk's EBITA (Earnings Before Interest, Taxes, Depreciation, and Amortization) has shown a general upward trend over the past quarters, with some fluctuations. Here's a detailed analysis:
- Growth in EBITA: The company's EBITA has experienced significant growth, from $128.44 million on December 31, 2022, to $148.64 million on September 30, 20241. This indicates a strong upward trajectory in profitability.
- EBITA as a Percentage of Revenue: The EBITA margin has also improved, with the percentage of EBITA relative to revenue increasing over time. For example, in the third quarter of 2024, EBITA was 40.9% of revenue2, reflecting efficient management and profitability.
- Recent Performance: In the most recent quarter ending on March 31, 2024, EBITA was $67.06 million1. This is a notable figure, especially when compared to the previous quarter's EBITA of $133.42 million, which suggests a seasonal or short-term fluctuation.
- Comparison with Revenue Growth: TTD's revenue growth has outpaced its EBITA growth in certain quarters, such as in the third quarter of 2024, where revenue grew by 27% to $628 million, while EBITA increased by approximately 10% to $148.64 million12. This could be due to increased investment in growth initiatives or one-time expenses.
- Future Outlook: The company's guidance for the fourth quarter expects EBITDA of approximately $363 million, which would represent a margin of close to 50%3. This suggests that TTD expects to maintain a strong EBITA performance in the coming quarter.
In conclusion, The Trade Desk's EBITA has shown robust growth and improvement in recent years, with a strong performance in the most recent quarter. While there have been some fluctuations, the overall trend is positive, and the company's guidance for the future indicates confidence in sustaining high levels of profitability.
11/10/2024 11:46am
