Stock Analysis
- Australia
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- Medical Equipment
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- ASX:CYC
Cyclopharm Full Year 2023 Earnings: EPS Beats Expectations, Revenues Lag
Cyclopharm (ASX:CYC) Full Year 2023 Results
Key Financial Results
- Revenue: AU$32.2m (up 30% from FY 2022).
- Net loss: AU$4.70m (loss narrowed by 29% from FY 2022).
- AU$0.051 loss per share (improved from AU$0.072 loss in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Cyclopharm EPS Beats Expectations, Revenues Fall Short
Revenue missed analyst estimates by 8.9%. Earnings per share (EPS) exceeded analyst estimates by 29%.
Looking ahead, revenue is forecast to grow 32% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Medical Equipment industry in Australia.
Performance of the Australian Medical Equipment industry.
The company's shares are up 1.4% 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 Cyclopharm's balance sheet.
Valuation is complex, but we're helping make it simple.
Find out whether Cyclopharm is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.
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About ASX:CYC
Cyclopharm
Cyclopharm Limited manufacture and sells medical equipment and radiopharmaceuticals in the Asia Pacific, Europe, Canada, and internationally.
Exceptional growth potential with excellent balance sheet.