Judo Capital Holdings Full Year 2023 Earnings: EPS Misses Expectations

Simply Wall St

August 24, 2023

Judo Capital Holdings (ASX:JDO) Full Year 2023 Results

Key Financial Results

Revenue: AU$298.4m (up 102% from FY 2022).
Net income: AU$73.4m (up from AU$7.70m loss in FY 2022).
Profit margin: 25% (up from net loss in FY 2022). The move to profitability was driven by higher revenue.
EPS: AU$0.066 (up from AU$0.008 loss in FY 2022).

earnings-and-revenue-growth — ASX:JDO Earnings and Revenue Growth August 24th 2023

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

Judo Capital Holdings EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 8.0%.

Looking ahead, revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 2.8% growth forecast for the Banks industry in Australia.

Performance of the Australian Banks industry.

The company's shares are down 18% from a week ago.

Balance Sheet Analysis

While earnings are important, another area to consider is the balance sheet. We've done some analysis and you can see our take on Judo Capital Holdings' balance sheet.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.