Green Hydrogen Systems Full Year 2023 Earnings: EPS Beats Expectations, Revenues Lag

Green Hydrogen Systems (CPH:GREENH) Full Year 2023 Results

Key Financial Results

• Net loss: kr.406.2m (loss widened by 44% from FY 2022).
• kr.2.60 loss per share.

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

Green Hydrogen Systems EPS Beats Expectations, Revenues Fall Short

Revenue missed analyst estimates by 52%. Earnings per share (EPS) exceeded analyst estimates by 5.6%.

Looking ahead, revenue is forecast to grow 100% p.a. on average during the next 2 years, compared to a 6.4% growth forecast for the Electrical industry in Europe.

Performance of the market in Denmark.

The company's shares are up 3.8% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 4 warning signs for Green Hydrogen Systems (3 shouldn't be ignored!) that you should be aware of.

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