Equatorial Maranhão Distribuidora de Energia Reports Full Year 2022 Earnings

Equatorial Maranhão Distribuidora de Energia (BVMF:EQMA3B) Full Year 2022 Results

Key Financial Results

• Revenue: R$4.84b (down 10% from FY 2021).
• Net income: R$648.1m (down 31% from FY 2021).
• Profit margin: 13% (down from 18% in FY 2021). The decrease in margin was driven by lower revenue.

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

Equatorial Maranhão Distribuidora de Energia shares are up 4.4% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 3 warning signs for Equatorial Maranhão Distribuidora de Energia (of which 2 are a bit unpleasant!) you should know about.

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