Beston Global Food Full Year 2023 Earnings: AU$0.028 loss per share (vs AU$0.021 loss in FY 2022)

Beston Global Food (ASX:BFC) Full Year 2023 Results

Key Financial Results

• Revenue: AU$169.8m (up 34% from FY 2022).
• Net loss: AU$42.8m (loss widened by 139% from FY 2022).
• AU$0.028 loss per share (further deteriorated from AU$0.021 loss in FY 2022).

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

The primary driver behind last 12 months revenue was the Australia segment contributing a total revenue of AU$126.1m (74% of total revenue). Notably, cost of sales worth AU$143.3m amounted to 84% of total revenue thereby underscoring the impact on earnings. The most substantial expense, totaling AU$35.0m were related to Non-Operating costs. This indicates that a significant portion of the company's costs is related to non-core activities. Explore how BFC's revenue and expenses shape its earnings.

Beston Global Food's share price is broadly unchanged from a week ago.

Risk Analysis

Before we wrap up, we've discovered 5 warning signs for Beston Global Food that you should be aware of.

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