Bitcoin Group (ETR:ADE) Full Year 2022 Results
Key Financial Results
- Revenue: €8.67m (down 66% from FY 2021).
- Net loss: €2.41m (down by 118% from €13.4m profit in FY 2021).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Bitcoin Group Earnings Insights
Looking ahead, revenue is forecast to grow 16% p.a. on average during the next 3 years, while revenues in the Capital Markets industry in Germany are expected to remain flat.
Performance of the German Capital Markets industry.
The company's shares are up 1.3% from a week ago.
Balance Sheet Analysis
Just as investors must consider earnings, it is also important to take into account the strength of a company's balance sheet. We have a graphic representation of Bitcoin Group's balance sheet and an in-depth analysis of the company's financial position.
Valuation is complex, but we're here to simplify it.
Discover if Bitcoin Group might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.
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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.
About XTRA:ADE
Bitcoin Group
An investment holding company, engages in the cryptocurrency and blockchain businesses worldwide.
Excellent balance sheet moderate.
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