Stock Analysis
Penneo Full Year 2023 Earnings: kr.0.75 loss per share (vs kr.0.65 loss in FY 2022)
Penneo (CPH:PENNEO) Full Year 2023 Results
Key Financial Results
- Revenue: kr.88.4m (up 23% from FY 2022).
- Net loss: kr.24.7m (loss widened by 22% from FY 2022).
- kr.0.75 loss per share (further deteriorated from kr.0.65 loss in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Penneo Earnings Insights
Looking ahead, revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 9.5% growth forecast for the Software industry in Europe.
Performance of the market in Denmark.
The company's share price is broadly unchanged from a week ago.
Risk Analysis
Don't forget that there may still be risks. For instance, we've identified 4 warning signs for Penneo that you should be aware of.
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About CPSE:PENNEO
Penneo
A software-as-a-service company, provides signing and know-your-customer workflow software for the auditing and accounting industry.
High growth potential and good value.