Stock Analysis

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

ASX:PNI
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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).
earnings-and-revenue-history
ASX:PNI Earnings and Revenue History February 2nd 2023

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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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.