Copperleaf Technologies Full Year 2023 Earnings: EPS Beats Expectations

Copperleaf Technologies (TSE:CPLF) Full Year 2023 Results

Key Financial Results

• Revenue: CA$79.6m (up 8.4% from FY 2022).
• Net loss: CA$35.2m (loss widened by 25% from FY 2022).
• CA$0.49 loss per share (further deteriorated from CA$0.41 loss in FY 2022).

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

Copperleaf Technologies EPS Beats Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 10%.

Looking ahead, revenue is forecast to grow 22% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Software industry in Canada.

Performance of the Canadian Software industry.

The company's shares are up 10% from a week ago.

Risk Analysis

You still need to take note of risks, for example - Copperleaf Technologies has 2 warning signs we think you should be aware of.

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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.