Mondo TV Reports Full Year 2023 Earnings

Mondo TV (BIT:MTV) Full Year 2023 Results

Key Financial Results

• Revenue: €9.49m (down 75% from FY 2022).
• Net income: €842.0k (up from €69.3m loss in FY 2022).
• Profit margin: 8.9% (up from net loss in FY 2022).

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

Mondo TV Earnings Insights

Looking ahead, revenue is expected to decline by 9.7% p.a. on average during the next 2 years, while revenues in the Entertainment industry in Italy are expected to grow by 13%.

Performance of the Italian Entertainment industry.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 4 warning signs for Mondo TV (1 is concerning!) that you need to be mindful of.

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