Stock Analysis

Tantalus Systems Holding Full Year 2022 Earnings: Beats Expectations

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Tantalus Systems Holding (TSE:GRID) Full Year 2022 Results

Key Financial Results

  • Revenue: US$39.6m (up 23% from FY 2021).
  • Net loss: US$5.20m (loss narrowed by 26% from FY 2021).
  • US$0.12 loss per share (improved from US$0.17 loss in FY 2021).
TSX:GRID Earnings and Revenue Growth March 16th 2023

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

Tantalus Systems Holding Revenues and Earnings Beat Expectations

Revenue exceeded analyst estimates by 2.1%. Earnings per share (EPS) also surpassed analyst estimates by 7.7%.

Looking ahead, revenue is forecast to grow 10% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Electronic industry in Canada.

Performance of the Canadian Electronic industry.

The company's shares are down 11% from a week ago.

Risk Analysis

You should learn about the 2 warning signs we've spotted with Tantalus Systems Holding.

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