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home / news releases / SE - Sea Limited Q4 Review: Uncertain But Exciting Times Ahead

SE - Sea Limited Q4 Review: Uncertain But Exciting Times Ahead

Sea Limited American Depositary Shares each representing one Class A

2024-03-06 08:00:00 ET

Summary

  • Sea Limited's Q4 2023 earnings report showed strong revenue growth in Shopee and SeaMoney, with signs of stabilization within Garena [with Free Fire emerging as 2023's most downloaded mobile game].
  • Despite its e-commerce-focused investment cycle causing a decline in gross profit and EBITDA, Sea's management is confident about fending off competition and provided solid growth and profit guidance for 2024.
  • SE stock is undervalued and offers a 5-year CAGR return of 21.89%, making it a solid buy at current levels.

Introduction

On the back of reporting a less-worse-than-feared quarter on Monday, 4th March 2024, Sea Limited ( SE ) stock has experienced wild swings over the last couple of trading sessions....

For further details see:

Sea Limited Q4 Review: Uncertain But Exciting Times Ahead
Stock Information
Company Name: Sea Limited American Depositary Shares each representing one Class A
Stock Symbol: SE
Market: NYSE
Website: sea.com
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