Stock Analysis

mVISE Reports Full Year 2023 Earnings

XTRA:C1V
Source: Shutterstock

mVISE (ETR:C1V) Full Year 2023 Results

Key Financial Results

  • Revenue: €14.4m (down 9.0% from FY 2022).
  • Net loss: €3.42m (loss widened by 54% from FY 2022).
earnings-and-revenue-history
XTRA:C1V Earnings and Revenue History March 18th 2024

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

mVISE Earnings Insights

Looking ahead, revenue is forecast to grow 6.8% p.a. on average during the next 3 years, compared to a 8.9% growth forecast for the IT industry in Germany.

Performance of the German IT industry.

The company's shares are down 1.7% from a week ago.

Risk Analysis

It's necessary to consider the ever-present spectre of investment risk. We've identified 3 warning signs with mVISE (at least 2 which don't sit too well with us), and understanding these should be part of your investment process.

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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.