Molibdenos y Metales Full Year 2023 Earnings: EPS: US$0.18 (vs US$0.68 in FY 2022)

Molibdenos y Metales (SNSE:MOLYMET) Full Year 2023 Results

Key Financial Results

• Revenue: US$2.48b (up 31% from FY 2022).
• Net income: US$23.7m (down 74% from FY 2022).
• Profit margin: 1.0% (down from 4.8% in FY 2022). The decrease in margin was driven by higher expenses.
• EPS: US$0.18 (down from US$0.68 in FY 2022).

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

The primary driver behind last 12 months revenue was the Chile segment contributing a total revenue of US$2.00b (81% of total revenue). Notably, cost of sales worth US$2.32b amounted to 94% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to US$52.6m (39% of total expenses). Explore how MOLYMET's revenue and expenses shape its earnings.

Molibdenos y Metales' share price is broadly unchanged from a week ago.

Risk Analysis

Before you take the next step you should know about the 3 warning signs for Molibdenos y Metales (1 is a bit concerning!) that we have uncovered.

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