Romi Reports Third Quarter 2022 Earnings

Romi (BVMF:ROMI3) Third Quarter 2022 Results

Key Financial Results

• Revenue: R$398.7m (up 8.8% from 3Q 2021).
• Net income: R$64.8m (down 24% from 3Q 2021).
• Profit margin: 16% (down from 23% in 3Q 2021).
  • The decrease in margin was driven by higher expenses.

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

Romi shares are up 2.1% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 3 warning signs for Romi you should be aware of, and 1 of them is significant.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

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.