Amanat Holdings PJSC Full Year 2023 Earnings: Misses Expectations

Amanat Holdings PJSC (DFM:AMANAT) Full Year 2023 Results

Key Financial Results

• Revenue: د.إ718.1m (up 40% from FY 2022).
• Net loss: د.إ53.2m (down by 147% from د.إ114.2m profit in FY 2022).
• د.إ0.021 loss per share (down from د.إ0.046 profit in FY 2022).

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

Amanat Holdings PJSC Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 6.0%. Earnings per share (EPS) was also behind analyst expectations.

Looking ahead, revenue is forecast to grow 18% p.a. on average during the next 2 years, compared to a 6.5% growth forecast for the Diversified Financial industry in Asia.

Performance of the market in United Arab Emirates.

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

Balance Sheet Analysis

Just as investors must consider earnings, it is also important to take into account the strength of a company's balance sheet. See our latest analysis on Amanat Holdings PJSC's balance sheet health.

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