Tantalus Systems Holding Full Year 2022 Earnings: Beats Expectations

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).

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.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

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.