Currency Exchange International Full Year 2023 Earnings: Revenues Beat Expectations, EPS Lags

Currency Exchange International (TSE:CXI) Full Year 2023 Results

Key Financial Results

• Revenue: US$82.0m (up 24% from FY 2022).
• Net income: US$10.2m (down 14% from FY 2022).
• Profit margin: 12% (down from 18% in FY 2022). The decrease in margin was driven by higher expenses.
• EPS: US$1.59 (down from US$1.83 in FY 2022).

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

Currency Exchange International Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 3.4%. Earnings per share (EPS) missed analyst estimates by 13%.

The company's shares are down 6.3% from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 1 warning sign for Currency Exchange International that you need to be mindful of.

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