Stock Analysis

Universal Biosensors Full Year 2023 Earnings: AU$0.032 loss per share (vs AU$0.14 loss in FY 2022)

ASX:UBI
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Universal Biosensors (ASX:UBI) Full Year 2023 Results

Key Financial Results

  • Revenue: AU$6.63m (up 47% from FY 2022).
  • Net loss: AU$6.74m (loss narrowed by 75% from FY 2022).
  • AU$0.032 loss per share (improved from AU$0.14 loss in FY 2022).
earnings-and-revenue-history
ASX:UBI Earnings and Revenue History March 1st 2024

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

Universal Biosensors shares are down 6.3% from a week ago.

Risk Analysis

We should say that we've discovered 3 warning signs for Universal Biosensors (1 is a bit unpleasant!) that you should be aware of before investing here.

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About ASX:UBI

Universal Biosensors

Universal Biosensors, Inc., through its subsidiaries, designs and develops electrochemical cells (strips) used in conjunction with point-of-use devices used in healthcare (point-of-care), wine, food, and agriculture industries in Australia, the Americas, Europe, and internationally.

Excellent balance sheet with weak fundamentals.

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