Leonteq Full Year 2023 Earnings: Beats Expectations

Leonteq (VTX:LEON) Full Year 2023 Results

Key Financial Results

• Revenue: CHF260.0m (down 46% from FY 2022).
• Net income: CHF20.6m (down 87% from FY 2022).
• Profit margin: 7.9% (down from 33% in FY 2022). The decrease in margin was driven by lower revenue.
• EPS: CHF1.15 (down from CHF8.58 in FY 2022).

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

Leonteq Revenues and Earnings Beat Expectations

Revenue exceeded analyst estimates by 1.4%. Earnings per share (EPS) also surpassed analyst estimates by 14%.

Looking ahead, revenue is forecast to grow 9.8% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the Capital Markets industry in Switzerland.

Performance of the Swiss Capital Markets industry.

The company's shares are down 7.6% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 4 warning signs for Leonteq (of which 1 is potentially serious!) you should know about.

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