Stock Analysis
Varengold Bank (ETR:VG8) Full Year 2022 Results
Key Financial Results
- Revenue: €85.0m (up 73% from FY 2021).
- Net income: €9.06m (down 47% from FY 2021).
- Profit margin: 11% (down from 35% in FY 2021). The decrease in margin was driven by higher expenses.
All figures shown in the chart above are for the trailing 12 month (TTM) period
Varengold Bank shares are down 2.7% from a week ago.
Risk Analysis
Before we wrap up, we've discovered 4 warning signs for Varengold Bank that you should be aware of.
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About XTRA:VG8
Varengold Bank
Provides various marketplace and transaction/commercial banking products and services in Germany.
