Pinnacle Investment Management Group First Half 2023 Earnings: EPS: AU$0.16 (vs AU$0.21 in 1H 2022)

Pinnacle Investment Management Group (ASX:PNI) First Half 2023 Results

Key Financial Results

• Revenue: AU$22.8m (up 5.5% from 1H 2022).
• Net income: AU$30.5m (down 24% from 1H 2022).
• EPS: AU$0.16 (down from AU$0.21 in 1H 2022).

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

Pinnacle Investment Management Group Earnings Insights

Looking ahead, revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the Capital Markets industry in Australia.

Performance of the Australian Capital Markets industry.

The company's shares are down 11% from a week ago.

Risk Analysis

Be aware that Pinnacle Investment Management Group is showing 1 warning sign in our investment analysis that you should know about...

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