Alfonsino Reports Full Year 2023 Earnings

Alfonsino (BIT:ALFO) Full Year 2023 Results

Key Financial Results

• Revenue: €5.24m (down 5.4% from FY 2022).
• Net loss: €1.44m (loss narrowed by 26% from FY 2022).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Alfonsino Earnings Insights

Looking ahead, revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the Hospitality industry in Italy.

Performance of the Italian Hospitality industry.

The company's shares are down 5.8% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 3 warning signs for Alfonsino that you should be aware of.

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