Podcast by Magellan Asset Management, Magellan Asset Management

MAGELLAN - IN THE KNOW

Podcast by Magellan Asset Management

Magellan Asset Management

‘In The Know’ is a new monthly investment podcast brought to you by Magellan Asset Management, one of Australia’s leading global equities investors. We seek to bring you timely, unique and thought-provoking insights to help you make sense of today’s investment landscape. From deep dives into the latest macroeconomic and geopolitical issues, to our analysis on sectors and stocks on global markets. Join Magellan, as they connect with a myriad of experts in their field, including CEOs of stocks we hold, global leaders and consultants in finance, investing, risk and politics, and key members of our investment team and business. ‘In The Know’ - a monthly podcast from Magellan is worth investing your time in! Magellan - Experts in global investing.

Equity Bottom-Up

<ul><li>The electronic financial transactions industry is expanding, with a focus on personalization, the gig economy, and fraud prevention</li><li>Mastercard is well positioned to benefit from the shift away from cash and towards digital payments</li><li>Magellan's portfolio manager Alyssa DeMarco discusses Mastercard's growth and innovation with Devin Core, highlighting the company's evolution over the past decade and its strategic focus on diversification and global expansion</li></ul><p><em>This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.</em></p>

The electronic financial transactions industry is expanding, with a focus on personalization, the gig economy, and fraud preventionMastercard is well positioned to benefit from the shift away from cash and towards digital paymentsMagellan's portfolio manager Alyssa DeMarco discusses Mastercard's growth and innovation with Devin Core, highlighting the company's evolution over the past decade and its strategic focus on diversification and global expansionThis content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

Independent research on the U.S. markets, Baptista Research

Baptista Research

Independent research on the U.S. markets

Baptista Research is an independent financial research house focused on the U.S. markets. We provide equity research as well as credit research reports on the top-listed U.S. companies with most of our focus on technology, consumer goods and services, automobiles, industrials, oil and gas, pharma, and healthcare. Our research has served more than 3000 institutional investors including mutual funds, hedge funds, banks, family offices, and various buy-side firms. We operate a research subscription service where institutions, as well as retail investors, can have priority access to all our research. We also have a wide distribution of our research reports across some of the top global financial platforms. Apart from equity research and credit research, we also provide advisory services with respect to mergers & acquisitions (M&A), private equity/ venture capital fundraising, valuation reports, and investment management services for corporates.
Baptista Research is owned and managed by Ishan Majumdar, an ex-Venture Capitalist/ Investment Banker, a Chartered Accountant, and a Masters’ degree holder in Management from HEC Paris. Ishan has nearly a decade of experience in Mergers and Acquisitions, Leveraged Buyouts (LBOs), Venture Capital Investing, Corporate Strategy, and Valuation in front-office roles at the likes of BNP Paribas CIB, Credit Agricole CIB, Groupe Danone, and TIW Private Equity. He has worked on and closed multiple acquisition deals, leveraged buyouts, and start-up investment transactions.

<ul><li>Mastercard Incorporated closed off 2023 with solid earnings and revenue growth in Q4.</li><li>Net revenues were up 11% and operating income increased by 13% compared to the previous year.</li><li>This success was driven by robust consumer spending and the consistent execution of their business strategy.</li></ul>

Mastercard Incorporated closed off 2023 with solid earnings and revenue growth in Q4.Net revenues were up 11% and operating income increased by 13% compared to the previous year.This success was driven by robust consumer spending and the consistent execution of their business strategy.

Mastercard Incorporated: Uptake of Real-Time Payments and Open Banking Solutions - Major Drivers

TMT & Consumer Independent Equity Research Analyst, Obex Capital Research

Aaron Gabin

TMT & Consumer Independent Equity Research Analyst

TMT & Consumer Independent Equity Research

Obex Capital Research

“Obex” is Latin for Barriers to Entry. Obex Capital Management’s investment philosophy is driven by an intense focus on which business model’s Barriers to Entry are able to withstand the ever increasing competitive disruption in the TMT and Consumer Sectors.

<ul>
<li>Elliott Management has bought a $2B stake in PayPal and seeks cost cutting measures.</li>
<li>PayPal has started to take action through cost cutting, a new buyback, new organizational measures, and increased focus on revenue strategy.</li>
<li>The wild card that would get us more bullish is Elliott forcing a merger with Pinterest, which would yield a readymade Dan Schulman replacement in Bill Ready.</li>
</ul>


Elliott Management has bought a $2B stake in PayPal and seeks cost cutting measures.
PayPal has started to take action through cost cutting, a new buyback, new organizational measures, and increased focus on revenue strategy.
The wild card that would get us more bullish is Elliott forcing a merger with Pinterest, which would yield a readymade Dan Schulman replacement in Bill Ready.


PayPal: Elliott Sees Opportunity, So Do We

<ul><li>Mastercard managed to exceed analyst expectations in terms of revenue and earnings.</li><li>The broader labor market is still robust, with pay growth included, and credit and savings continue to support consumers.</li><li>They introduced Mastercard Receivables Manager with Billtrust on the supplier side and MasterCard Multi-Token Network in the blockchain.</li></ul>

Mastercard managed to exceed analyst expectations in terms of revenue and earnings.The broader labor market is still robust, with pay growth included, and credit and savings continue to support consumers.They introduced Mastercard Receivables Manager with Billtrust on the supplier side and MasterCard Multi-Token Network in the blockchain.

Mastercard Incorporated: A Groundbreaking Multi-Market Strategy & What It Means for Investors! – Key Drivers

<ul><li>Mastercard had solid revenue and earnings growth in the latest quarter and started 2023 with an all-around beat.</li><li>On a non-GAAP currency-neutral basis, excluding extraordinary items, adjusted net revenues were up 15% and adjusted operating income was up 17% over the prior year.</li><li>Payment network net revenue climbed 10%, driven by domestic and cross-border transaction and volume growth and a rise in rebates and incentives.</li></ul>

Mastercard had solid revenue and earnings growth in the latest quarter and started 2023 with an all-around beat.On a non-GAAP currency-neutral basis, excluding extraordinary items, adjusted net revenues were up 15% and adjusted operating income was up 17% over the prior year.Payment network net revenue climbed 10%, driven by domestic and cross-border transaction and volume growth and a rise in rebates and incentives.

Mastercard Incorporated: Expanding Global Footprint Enough To Compete With Visa? – Key Drivers

United States

MasterCard, Inc. is a global payment solutions company that provides a variety of services in support of the credit, debit and related payment programs of financial institutions. The Company offers transaction processing services for credit and debit cards, electronic cash, automated teller machines, and travelers checks.

Mastercard (MA US)

Mastering the World of Payments

Magellan's investment in Mastercard has yielded over 20% annual returns for over 14 years, with the company well positioned to benefit from the...

MAGELLAN - IN THE KNOW

Mastercard Incorporated: Uptake of Real-Time Payments and Open Banking Solutions - Major Drivers

Mastercard Incorporated closed off 2023 with solid earnings and revenue growth in Q4. Net revenues were up 11% and operating income increased by...

Baptista Research

PayPal: Elliott Sees Opportunity, So Do We

We think Elliott's stake in PayPal and management's 4 pronged plan announced on last week's earnings has put the floor in on PYPL. Trading at an...

Aaron Gabin

Mastercard Incorporated: A Groundbreaking Multi-Market Strategy & What It Means for Investors! – Key Drivers

Mastercard managed to exceed analyst expectations in terms of revenue and earnings. The broader labor market is still robust, with pay growth...

Baptista Research

Mastercard Incorporated: Expanding Global Footprint Enough To Compete With Visa? – Key Drivers

Mastercard had solid revenue and earnings growth in the latest quarter and started 2023 with an all-around beat. On a non-GAAP currency-neutral...

Baptista Research