.July 29, 2024 01:23:25 PM

In 2023, Amazon’s total revenue reached $574 billion despite a slowdown in quarterly revenue and gross profit growth. The company’s operating income grew significantly, indicating efficient cost management and investments in high-margin segments like AWS. With an enterprise value to EBITDA ratio of 19, below its five-year average, Amazon’s stock may be undervalued, presenting an opportunity for investors to consider. Despite challenges in financial metrics, Amazon’s strategic investments and diversified business model position it for long-term growth, supported by solid asset value and equity growth. The company’s innovation and market adaptability reinforce its potential for future profitability and expansion.