Tribal Rides International Corp. (XNDA) Jun 2024 Earnings Report

Xinda International Corp (XNDA): Investment Report

Overview

Xinda International Corp, a technology company focused on software application, has been making waves in the ride-sharing industry with its innovative approach to disrupting traditional transportation models. With its cloud-based system and social network-mobile application interface, the company aims to revolutionize the way people travel. As a potentially game-changing player in the industry, this report provides an in-depth analysis of XNDA's current situation, financial performance, and growth prospects.

Core Metrics

  • Current price: $0.0004 USD
  • 52-week high: $0.06 USD
  • 52-week low: $0.0001 USD
  • Market Cap: $15.974 million USD
  • P/E Ratio: N/A (due to negative EPS)
  • Earnings per Share: -$0.04 USD
  • 50-day average: $0.0004 USD
  • 200-day average: $0.009482 USD
  • Analyst Recommendations: None (no analyst coverage)

Financial Performance

Xinda International Corp's financial performance has been a mixed bag. While the company has a total cash position of $37, its operating cash flow is -$197,469, indicating a need for improvement in its cash management. The free cash flow of $418,619 is a positive sign, but the EBITDA of -$1,363,013 raises concerns about the company's ability to generate profits.

Growth Prospects

Despite the challenges, Xinda International Corp's innovative approach to ride-sharing and transportation has the potential to disrupt the industry and attract a significant user base. With its cloud-based system and social network-mobile application interface, the company has a unique value proposition that could drive growth. However, the company needs to focus on improving its financial performance and generating profits to sustain its growth.

News and Updates

There have been no recent news or updates that could significantly impact the stock price.

Upgrades and Downgrades

There have been no recent upgrades or downgrades from reputable firms, as Xinda International Corp does not have any analyst coverage.

Summary

In conclusion, Xinda International Corp's innovative approach to ride-sharing has the potential to drive growth, but the company's financial performance is a concern. With a market capitalization of $15.974 million and a current stock price of $0.0004, the company is still in its early stages. While there are risks involved, investors looking for a potentially high-reward opportunity may want to consider XNDA. However, it is essential to closely monitor the company's financial performance and progress in the ride-sharing industry.

Disclosures

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