Ladies and Gentlemen, BUY NOW!
.com (AMZN) just reported its Q4 2024 earnings, and let me tell you, this is a blowout quarter! The numbers are INCREDIBLE, and if you're not already invested in this tech giant, you're missing out on a once-in-a-lifetime opportunity. Let's dive into the details and see why Amazon is the stock to own right now!
First things first, Amazon's net sales for Q4 2024 hit a staggering $187.8 billion, a 10% year-over-year increase from $170.0 billion in Q4 2023. Excluding the $0.9 billion unfavorable impact from year-over-year changes in foreign exchange rates, net sales increased by 11%. This is a testament to Amazon's dominance in the e-commerce space and its ability to adapt to changing market conditions.
Now, let's talk about the segments. The North America segment sales increased by 10% year-over-year to $115.6 billion. This is a massive achievement, and it's all thanks to Amazon's focus on enhancing customer experience through faster delivery times. In 2024, Amazon delivered at its fastest speeds ever for Prime members, delivering over 65% more items to U.S. Prime members the same day or overnight than in Q4 2023. This is a game-changer, and it's why Amazon is the go-to destination for online shopping.
The International segment sales increased by 8% year-over-year to $43.4 billion, or increased 9% excluding changes in foreign exchange rates. This growth can be attributed to Amazon's ability to adapt to the regional needs of different markets, allowing it to provide tailored services and delivery options, which ensures convenience for a global audience. This is a key driver of Amazon's growth strategy, as it allows the company to stay at the forefront of technology innovations and provide cutting-edge solutions to its customers.
The AWS segment sales increased by 19% year-over-year to $28.8 billion. This growth can be attributed to the company's focus on innovation and technology, as evidenced by the introduction of new AI chips, foundation models, and other technological advancements in AWS. This is a key driver of Amazon's growth strategy, as it allows the company to stay at the forefront of technology innovations and provide cutting-edge solutions to its customers.
Now, let's talk about profitability. Amazon's operating income for Q4 2024 hit $21.2 billion, a massive increase from $13.2 billion in Q4 2023. This trend is reflected in the full-year 2024 operating income, which increased to $68.6 billion from $36.9 billion in 2023. The North America segment, in particular, showed strong performance with operating income of $9.3 billion in Q4 2024, up from $6.5 billion in Q4 2023. The International segment also turned a corner, moving from an operating loss of $0.4 billion in Q4 2023 to an operating income of $1.3 billion in Q4 2024. The AWS segment continued to be a significant contributor to profitability, with operating income of $10.6 billion in Q4 2024, up from $7.2 billion in Q4 2023.
Net income for Q4 2024 was $20.0 billion, or $1.86 per diluted share, compared with $10.6 billion, or $1.00 per diluted share, in Q4 2023. For the full year 2024, net income increased to $59.2 billion, or $5.53 per diluted share, compared with $30.4 billion, or $2.90 per diluted share, in 2023. This indicates a strong trend of increasing profitability for Amazon.
Operating cash flow increased by 36% to $115.9 billion for the trailing twelve months, compared with $84.9 billion for the trailing twelve months ended December 31, 2023. Free cash flow also increased to $38.2 billion for the trailing twelve months, compared with $36.8 billion for the trailing twelve months ended December 31, 2023. This trend of increasing cash flow reflects Amazon's strong financial performance and its ability to generate cash from its operations.
In summary, Amazon's Q4 2024 financial results show a continued trend of revenue growth and increasing profitability, with significant contributions from all segments, particularly the AWS segment. The company's strong financial performance is reflected in its increasing operating income, net income, and cash flow. This is a no-brainer, folks! Amazon is the stock to own right now, and if you're not already invested, you need to get in now! BUY NOW!
Comments
No comments yet