Unith Full Year 2023 Earnings: AU$0.001 loss per share (vs AU$0.005 loss in FY 2022)
Unith (ASX:UNT) Full Year 2023 Results
Key Financial Results
- Revenue: AU$4.02m (down 25% from FY 2022).
- Net loss: AU$732.2k (loss narrowed by 77% from FY 2022).
- AU$0.001 loss per share (improved from AU$0.005 loss in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Unith Earnings Insights
Looking ahead, revenue is forecast to grow 29% p.a. on average during the next 3 years, compared to a 1.7% growth forecast for the Media industry in Australia.
Performance of the Australian Media industry.
The company's shares are down 3.7% from a week ago.
Risk Analysis
Before you take the next step you should know about the 3 warning signs for Unith that we have uncovered.
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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.
About ASX:UNT
Unith
Engages in the sale of information, entertainment, and content and utility services for mobile phones and tablets in Australasia, Europe, Latin America, the Middle East, Africa, and internationally.
Moderate with adequate balance sheet.
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