Exela Technologies, Inc.

OTCPK:XELA 주식 리포트

시가총액: US$44.4k

Exela Technologies 향후 성장

Future 기준 점검 0/6

현재 Exela Technologies 의 성장과 수익을 예측할 만큼 분석가의 범위가 충분하지 않습니다.

핵심 정보

n/a

이익 성장률

n/a

EPS 성장률

Professional Services 이익 성장15.4%
매출 성장률n/a
향후 자기자본이익률n/a
애널리스트 커버리지

None

마지막 업데이트n/a

최근 향후 성장 업데이트

Recent updates

분석 기사 • Aug 05

Exela Technologies (NASDAQ:XELA) Shareholders Will Want The ROCE Trajectory To Continue

To find a multi-bagger stock, what are the underlying trends we should look for in a business? Typically, we'll want to...
Seeking Alpha • Sep 28

Exela expands strategic partnership with major healthcare engagement customer

Exela Technologies (NASDAQ:XELA) has expanded a strategic partnership with a major healthcare member engagement entity. As part of the partnership, Exela (XELA) will provide technology and operation solutions in total contract value of ~$8M. The win is part of the Healthcare Solutions business which generated $218M in revenue in 2021. The partnership utilizes XELA's PCH Global digital exchange platform to connect members in many healthcare organizations, health insurers and U.S. government programs.
Seeking Alpha • Sep 20

Exela receives contract from European communications company

Exela Technologies (NASDAQ:XELA) has been awarded a contract by a European communications company. Under the contract, Exela (XELA) will utilize its communication services platform to support the growing customer demand along their digital journey. The initial total contract value is $12M over the 3-year contract and Exela has already begun delivering its solutions. This new business is part of Exela's ITPS line of business which generated over $874M in revenue in 2021.
Seeking Alpha • Aug 29

Exela Technologies: No Way Out. Likely Going Bankrupt

Summary Exela Technologies is mostly a low-margined, labor-intensive, highly-leveraged business outsourcing company. It needs to quadruple its share count to meet its short-term obligations, not to mention a $1 billion long-term debt maturing next year. Management is exaggerating the company's position in the Business Process Automation market. Investment Thesis Exela (XELA) shares dropped 98% since my last article, warning meme traders that the company will knock down their positions through new equity offerings with magnitude multiple times their meme bonanza. Despite its enormous drop in the past few quarters, the ticker's prospects of a rebound are anchored by a heavy debt load, gradually pushing XELA into bankruptcy as it continues burning cash it acquired from retail investors. Meme traders are unlikely to return after last year's burn. A meme trade requires a certain level of camaraderie, trust that the herd will stand by their positions in the face of volatility, Wall Street skeptic research notes, and hedge funds' short positions, long enough for meaningful volumes to profit from the higher price and formation of a new technical resistance line serving as a psychological assurance for late traders. Last year, meme traders tried lifting the company's shares twice. Still, they failed, lowering morale and weakening one of the corners of a meme trade: trust that a fellow trader will buy the shares for a higher price than you paid instead of trade pioneers buying and exiting first. During the Q2 earnings call, management stated that it would continue relying on equity to pay down debt, verifying our hypothesis that even if a meme trade emerges, it will be short-lived, similar to previous ones. Balance Sheet XELA was born in the offices of leverage buyout firms slicing and dicing businesses to make a quick profit. The company is the aggregation of five businesses, which, from my understanding, haven't been profitable since 2014, at least when combined together under the XELA brand. Still, private equity firms HandsOn Global Management and Apollo Global Management leveraged the business with nearly $2 billion in debt before dumbing it to the public market late in 2017, where its shares declined from $600 to $1 at the time of this writing. The company doesn't have a chance of survival without lowering its debt as it faces serious liquidity issues. In the next ten months, it needs to come up with $530 million to cover short-term obligations, from supplier bills to the current portion of long-term debt. Currently, the company only has $240 million in assets liquid enough to be used to repay the debt, including receivables and other current assets. The company can't lean on its operating income to help pay the short-term debt. Gross margin stood at $50 million last quarter. However, most of that goes to repay interest on its long-term debt, the additional $1 billion 10% notes due to 2023. In Q2, the company paid $42 million in interest, representing 84% of gross margin, leaving little for the company to pay for electricity, rent, and other administrative expenses such as accounting and legal costs, let alone accommodating its current liabilities. Thus, roughly the company will need to fund about $290 million ($530 million current debt - $240 million current assets) through new equity offerings in the next ten months, translating to 250 million new shares based on the current price of $1.15 more than quadrupling its share count, currently standing at 65 million shares. The equity offering will likely put pressure on the share price. We had seen these dynamics in Q2, when the company issued approximately 40 million new shares between May and August, using the proceeds to pay some of its debt but contributing to the ticker's 70% decline. This is why we started the article discussing meme trades. Practically, it is the only way the company could be saved especially given that the current share price is trading near the NASDAQ listing requirements of $1 per share and dim revenue growth prospects, as discussed in the next section. If the company repaid its short-term debt by a miracle, it would still need to find another way to repay its $1 billion long-term debt maturing in the second half of 2023. The company will likely face higher refinancing fees, given the deteriorating revenue and profitability and tightening monetary policy. Revenue Trends Beyond buzzwords bombarded on retail investors, XELA is essentially a cash-strapped, highly leveraged call center. Its ventures into Business Process Automation "BPA," a term used to describe software developers writing programs that automate back-office processes, are too small. For now, the majority of the company's revenue comes from low-margined, labor-intensive outsourcing tasks provided by its call centers in India and the US, the latter mainly covering banking customers with regulatory mandates prohibiting the transfer of data outside the US.
Seeking Alpha • Aug 14

Exela Technologies: Unclear Prospects Of A Niche Player

Exela Technologies prides itself as a leader in the field of business process management but analysis of its products and services shows otherwise. DrySign appears to be making notable expansion but size of current user base is still modest compared to alternative products. It is unclear how the company is able to effectively transform from a niche player to a market leader in the long run. Investment Thesis Exela Technologies (XELA) is a relatively small company that aspires to be a leader in the field of business process automation ("BPA"). Right now, looking at how the company is described in Gartner's report, it achieved some success but is nowhere near the status of a 'market leader'. Financially, it is inferior to its closest competitors in all the top to bottom line items. It is also financially very leveraged in debt. Although the debt amount is declining significantly in the last 3 quarters, it is unclear whether this declining trend will persist in the long run. The product of 'DrySign' has made notable expansion outside of the US market. However, looking at the current size of its user base, it still pales in comparison to other alternative products. The company is currently undervalued but without a clear track record of maintaining and growing its profitability to greater heights, this undervalued status should not be regarded as a buy signal. Company Overview XELA prides itself as a leader in BPA. Through its digital transformation solutions, it helps customers enhance quality, productivity, and end-user experience. From the company’s latest annual report, we understand it operates through three segments: Information & Transaction Processing Solutions ("ITPS") – this segment comprises 74.9% of the company’s revenue Healthcare Solutions ("HS") – this segment comprises 18.7% of the company’s revenue Legal & Loss Prevention Services ("LLPS") – this segment comprises 6.4% of the company’s revenues. While the company provides services to a global customer base, more than 80% of its revenue comes from the United States. Unclear Competitive Advantage The company described its BPA solution as a 7-layer framework in this diagram. 7 Layers of Solution (Company Annual Report) Basically, the company is trying to provide a whole suite of automation at "all levels" of a typical company's operations: Layers 1 and 2 handle the heavy lifting of "data crunching", with the results ready to be used by the higher levels of automation. Layers 3 and 4 automate the day-to-day workflow and processes that would otherwise have to be done manually by people. Layer 5 connects different platforms of a company to work together synergistically to enhance overall productivity. Without this layer, the different platforms will be working in silos. Layers 6 and 7 appear to be empowering business users to execute business processes using multiple front-end digital channels as opposed to having to follow written instructions manually. Such BPA services are also provided by many other companies. In the company's latest annual report, XELA prides itself on having gone the extra mile to deploy many employees to work on-site at customers' premises: "Approximately 3,200 of our employees currently work at customers in an on-site capacity. We believe this on-site presence is a competitive differentiator and a valuable asset as we pursue future growth opportunities." In my opinion, they appear to be taking on the role of "IT Consulting", which means the company will have to compete with other consulting firms like Accenture (ACN), which is the largest consulting firm in the world. It is unclear how the company will fare in the long run against these competitors. Tapering of Debt XELA is highly leveraged. Its total debt of 1,276M is currently 15 times its EBITDA of 83.9M. The silver lining is that over the last 3 quarters, XELA has managed to reduce its debt substantially. Balance Sheet (Seeking Alpha) Investors need to monitor whether this debt reduction trend can persist. In my opinion, ideally, in the long run, the debt should be reduced to no more than 3 times its EBITDA. Prospect of DrySign 'DrySign' is a proprietary eSignature platform that was launched in 2020 to the public in the United States. Subsequently, it has expanded its release to the Indian, UK, and the Philippines market. As part of the company's BPA solution stack, DrySign has "4,000 customers across a variety of industries, including over 60% of the Fortune 100", according to the latest annual report. This does not appear so impressive given that alternatives like Adobe (ADBE) Cloud has 26M subscribers and DocuSign (DOCU) has 1M customers. Niche Player in 2022 Gartner Magic Quadrant XELA was recently named a niche player in the 2022 Gartner Magic Quadrant. According to Gartner, this is how a "niche player" is defined: Gartner Magic Quadrant (Gartner) Based on this definition, companies should aim to be located towards the upper right corner of the quadrant to become clear market leaders in the industry. Right now, this spot is occupied by well-known leaders like IBM (IBM) and Accenture. Company Named a Niche Player (Exela Technologies)
Seeking Alpha • Aug 03

Exela stock gains 13% after update on capital deployment strategy

Exela Technologies (NASDAQ:XELA) shares jumped around 13% during extended trading on Wednesday after the firm announced an update to its capital deployment strategy. The Texas-based business process automation company has established XCV-STS (STS) to hold assets to be used for implementing the plan. It has acquired $70M of face value 2026 Senior Secured Notes at a discount with funds raised from equity, that will serve as the first contribution into STS. Interest paid on the notes contributed to STS, together with additional anticipated contributions of the proceeds from the planned asset sales announced as part of the strategy and other surplus cash, will be used to create and return value to shareholders. Exela's Executive Chairman Par Chadha noted, "Today's announcement is an important part of our recently initiated Capital Deployment Strategy to Serve the Shareholders. We continue to believe that every part of our capital structure is inappropriately valued . STS will allow us to continue to hunt for rewarding opportunities."
Seeking Alpha • Jul 25

Exela Technologies falls postmarket after 1-for-20 reverse stock split

Exela Technologies (NASDAQ:XELA) dropped ~24% postmarket Monday after it announced a 1-for-20 reverse stock split that is now effective. XELA shares will begin trading on a split-adjusted basis once market opens on Jul. 26. There are now ~64.8M shares issued and outstanding.
Seeking Alpha • Feb 08

Is Exela Technologies A Buy, Sell, Or Hold? For Investors With Aggressive Risk Appetite

XELA, a highly geared company has been making good progress with its deleveraging initiatives. The company entered the SMB market in late 2020 and its offerings there are witnessing good traction. Valuations are cheap and the technical picture looks encouraging.
Seeking Alpha • Dec 15

Exela's Management Is Brilliant: Debt Reduction And FCF Generation

Exela is a global business process automation company with operations in the United States, Europe, and other regions. The company believes that it can reduce its debt from $1.35 billion to close to $1 billion while at the same time increasing FCF in 2022. In my opinion, debt reduction would most likely lead to an increase in the stock price. I continue believing that Exela will most likely deliver sales growth if management further expands its solutions and services. Remember that the company is well-positioned to serve many different sectors, which would help Exela collect revenue. Note that management intends to implement robotic solutions on a per-user month basis. Robots can be an extremely profitable tool because they may be approximately the same for all clients.
분석 기사 • Sep 10

Exela Technologies (NASDAQ:XELA) Is Finding It Tricky To Allocate Its Capital

If you're looking at a mature business that's past the growth phase, what are some of the underlying trends that pop...
Seeking Alpha • Sep 02

Exela: Everybody Knows That Digital Transformation Is A Game Changer

XELA offers exactly what most people are talking about these days: digital transformation. The difference with most companies that were recently created is that Exela offers decades of expertise. In the best-case scenario, the company’s seven layers of technology-enabled solutions successfully go from discrete services to end-to-end processes, and they are used as front-end enterprise software. The demand for systems that support digital workflows, remote connectivity, and flexible facilities increases significantly. As a result, XELA's revenue increases significantly. I am using an optimistic sales growth of close to 10% from 2023 to 2026 with a free cash flow margin of close to 5%. The free cash flow stands at $115 million from 2024 to 2026 with a terminal FCF of $110 million. Summing everything, the present value of the FCF is equal to more than $560 million. If we use an exit multiple of 20x and a discount of 5.5%, the implied share price is equal to $5. That's how it goes.

이 섹션에서는 일반적으로 전문 애널리스트들의 컨센서스 추정치를 기반으로 매출 및 이익 성장 전망을 제시하여 투자자들이 회사의 수익 창출 능력을 이해하도록 돕습니다. 그러나 Exela Technologies는 과거 데이터가 충분하지 않고 애널리스트 예측도 없어, 과거 데이터를 단순히 외삽하거나 애널리스트 전망을 사용하여 향후 이익을 신뢰할 수 있게 계산할 수 없습니다.

Simply Wall St가 다루는 기업 중 97%는 과거 재무 데이터를 보유하고 있기 때문에, 이는 상당히 드문 상황입니다.

이익 및 매출 성장 예측

OTCPK:XELA - 애널리스트 향후 추정치 및 과거 재무 데이터 (USD Millions)
날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수
9/30/20241,038-1091729N/A
6/30/20241,022-1082941N/A
3/31/20241,049-1131830N/A
12/31/20231,064-134-84N/A
9/30/20231,067-302-52-38N/A
6/30/20231,078-364-183-168N/A
3/31/20231,071-412-115-98N/A
12/31/20221,077-423-109-87N/A
9/30/20221,105-298-150-125N/A
6/30/20221,120-225-64-39N/A
3/31/20221,146-164-114-92N/A
12/31/20211,167-144-128-112N/A
9/30/20211,186-162-51-37N/A
6/30/20211,212-178-64-53N/A
3/31/20211,227-207-71-58N/A
12/31/20201,293-180-45-30N/A
9/30/20201,372-395-97-83N/A
6/30/20201,440-498-88-72N/A
3/31/20201,523-491-74-57N/A
12/31/20191,562-512-84-64N/A
9/30/20191,568-300-42-21N/A
6/30/20191,578-198-64-39N/A
3/31/20191,597-182-251N/A
12/31/20181,586-173-424N/A
9/30/20181,573-141-133N/A
6/30/20181,528-239N/A38N/A
3/31/20181,327-232N/A-1N/A
12/31/20171,146-228N/A52N/A
9/30/2017978-178N/A14N/A
6/30/2017826-62N/A70N/A
3/31/2017808-56N/A56N/A
12/31/2016790-48N/A72N/A
12/31/2015805-45N/A7N/A

애널리스트 향후 성장 전망

수입 대 저축률: XELA 의 예상 수익 증가율이 절약률(3.5%)보다 높은지 판단하기에는 데이터가 부족합니다.

수익 vs 시장: XELA 의 수익이 US 시장보다 빠르게 성장할 것으로 예상되는지 판단하기에는 데이터가 부족합니다.

고성장 수익: XELA 의 수익이 향후 3년 동안 상당히 증가할 것으로 예상되는지 판단하기에는 데이터가 부족합니다.

수익 대 시장: XELA 의 수익이 US 시장보다 빠르게 증가할 것으로 예상되는지 판단하기에는 데이터가 부족합니다.

고성장 매출: XELA 의 수익이 연간 20%보다 빠르게 증가할 것으로 예상되는지 판단하기에는 데이터가 부족합니다.

주당순이익 성장 예측

향후 자기자본이익률

미래 ROE: XELA의 자본 수익률이 3년 후 높을 것으로 예상되는지 판단하기에 데이터가 부족합니다.

성장 기업 찾아보기

7D

1Y

7D

1Y

7D

1Y

기업 분석 및 재무 데이터 상태

데이터최종 업데이트 (UTC 시간)
기업 분석2026/05/15 04:43
종가2026/05/15 00:00
수익2024/09/30
연간 수익2023/12/31

데이터 소스

당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.

패키지데이터기간미국 소스 예시 *
기업 재무제표10년
  • 손익계산서
  • 현금흐름표
  • 대차대조표
분석가 컨센서스 추정치+3년
  • 재무 예측
  • 분석가 목표주가
시장 가격30년
  • 주가
  • 배당, 분할 및 기타 조치
지분 구조10년
  • 주요 주주
  • 내부자 거래
경영진10년
  • 리더십 팀
  • 이사회
주요 개발10년
  • 회사 공시

* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.

별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.

분석 모델 및 스노우플레이크

이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.

Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.

산업 및 섹터 지표

산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.

분석가 소스

Exela Technologies, Inc.는 5명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.

분석가기관
Zachary CumminsB. Riley Securities, Inc.
Pablo ZuanicCantor Fitzgerald & Co.
Brian EssexMorgan Stanley