Stock Analysis
Noratis (ETR:NUVA) Full Year 2023 Results
Key Financial Results
- Revenue: €60.8m (down 29% from FY 2022).
- Net loss: €10.9m (down by 233% from €8.23m profit in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Noratis Revenues Beat Expectations
Revenue exceeded analyst estimates by 9.2%.
Looking ahead, revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 17% decline forecast for the Real Estate industry in Germany.
Performance of the German Real Estate industry.
The company's share price is broadly unchanged from a week ago.
Risk Analysis
Be aware that Noratis is showing 2 warning signs in our investment analysis that you should know about...
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About XTRA:NUVA
Noratis
A real estate company, invests in, develops, manages, and sells residential property portfolios in Germany.
Reasonable growth potential and fair value.
