Pacific Online Full Year 2023 Earnings: CN¥0.029 loss per share (vs CN¥0.006 loss in FY 2022)

Pacific Online (HKG:543) Full Year 2023 Results

Key Financial Results

• Revenue: CN¥740.1m (down 9.0% from FY 2022).
• Net loss: CN¥32.3m (loss widened by 386% from FY 2022).
• CN¥0.029 loss per share (further deteriorated from CN¥0.006 loss in FY 2022).

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

The primary driver behind last 12 months revenue was the PCauto segment contributing a total revenue of CN¥646.4m (87% of total revenue). Notably, cost of sales worth CN¥477.4m amounted to 65% of total revenue thereby underscoring the impact on earnings. The largest operating expense was Sales & Marketing costs, amounting to CN¥164.5m (56% of total expenses). Explore how 543's revenue and expenses shape its earnings.

Pacific Online shares are down 4.3% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 3 warning signs for Pacific Online (2 are potentially serious!) that you should be aware of.

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