Audeara Full Year 2023 Earnings: EPS Misses Expectations

Audeara (ASX:AUA) Full Year 2023 Results

Key Financial Results

• Revenue: AU$2.91m (up 41% from FY 2022).
• Net loss: AU$3.74m (loss widened by 27% from FY 2022).
• AU$0.029 loss per share (further deteriorated from AU$0.028 loss in FY 2022).

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

Audeara EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 31%.

Looking ahead, revenue is forecast to grow 40% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Global Consumer Durables industry.

Performance of the market in Australia.

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

Risk Analysis

What about risks? Every company has them, and we've spotted 5 warning signs for Audeara (of which 3 are significant!) you should know about.

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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.