Varia US Properties Full Year 2023 Earnings: US$13.73 loss per share (vs US$12.11 profit in FY 2022)

Varia US Properties (VTX:VARN) Full Year 2023 Results

Key Financial Results

• Revenue: US$144.2m (flat on FY 2022).
• Net loss: US$139.0m (down by 213% from US$122.6m profit in FY 2022).
• US$13.73 loss per share (down from US$12.11 profit in FY 2022).

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

Varia US Properties Earnings Insights

Looking ahead, revenue is forecast to grow 8.7% p.a. on average during the next 2 years, compared to a 4.9% decline forecast for the Real Estate industry in Switzerland.

Performance of the Swiss Real Estate industry.

The company's shares are up 5.1% from a week ago.

Risk Analysis

Before you take the next step you should know about the 3 warning signs for Varia US Properties that we have uncovered.

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