Bemobi Mobile Tech Reports Full Year 2023 Earnings

Bemobi Mobile Tech (BVMF:BMOB3) Full Year 2023 Results

Key Financial Results

• Revenue: R$1.31b (down 11% from FY 2022).
• Net income: R$86.9m (up 1.5% from FY 2022).
• Profit margin: 6.6% (up from 5.8% in FY 2022). The increase in margin was driven by lower expenses.

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

Bemobi Mobile Tech Earnings Insights

Looking ahead, revenue is expected to decline by 41% p.a. on average during the next 2 years, while revenues in the Global Entertainment industry are expected to grow by 8.6%.

Performance of the market in Brazil.

The company's shares are down 3.9% from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 1 warning sign for Bemobi Mobile Tech that you should be aware of.

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