Destination Italia Reports Full Year 2023 Earnings

Destination Italia (BIT:DIT) Full Year 2023 Results

Key Financial Results

• Revenue: €55.4m (up 101% from FY 2022).
• Net loss: €2.35m (loss widened by 147% from FY 2022).

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

Destination Italia Earnings Insights

Looking ahead, revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 9.1% growth forecast for the Hospitality industry in Italy.

Performance of the Italian Hospitality industry.

The company's shares are down 4.6% from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 4 warning signs for Destination Italia (1 doesn't sit too well with us) you should be aware of.

Valuation is complex, but we're helping make it simple.

Find out whether Destination Italia is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.

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