Stock Analysis

São Paulo Turismo Reports Second Quarter 2023 Earnings

Published
BOVESPA:AHEB3

São Paulo Turismo (BVMF:AHEB3) Second Quarter 2023 Results

Key Financial Results

  • Revenue: R$116.1m (up 97% from 2Q 2022).
  • Net income: R$1.26m (up from R$7.84m loss in 2Q 2022).
  • Profit margin: 1.1% (up from net loss in 2Q 2022). The move to profitability was driven by higher revenue.
BOVESPA:AHEB3 Earnings and Revenue History August 13th 2023

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

São Paulo Turismo's share price is broadly unchanged from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 2 warning signs for São Paulo Turismo you should be aware of, and 1 of them is concerning.

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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.