Substrate AI (BME:SAI) Full Year 2022 Results
Key Financial Results
- Revenue: €4.63m (up 131% from FY 2021).
- Net loss: €15.9m (loss widened by €15.3m from FY 2021).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Substrate AI Earnings Insights
Looking ahead, revenue is forecast to grow 18% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Software industry in Spain.
Performance of the Spanish Software industry.
The company's shares are down 12% from a week ago.
Risk Analysis
Be aware that Substrate AI is showing 4 warning signs in our investment analysis and 1 of those is potentially serious...
New: Manage All Your Stock Portfolios in One Place
We've created the ultimate portfolio companion for stock investors, and it's free.
• Connect an unlimited number of Portfolios and see your total in one currency
• Be alerted to new Warning Signs or Risks via email or mobile
• Track the Fair Value of your stocks
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
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.
Gold miners still look inexpensive because the market thinks we're near the top of the cycle. Given what's happening to the dollar, I'm not so sure.

Is it a safer bet on gold to have just exposure to ETFs?
Between 2003 and 2011, gold nearly went 5x. Dollar went weak too. The gold companies did bad. It is worth noting that between 2003 and 2011, there was 2008! I will leave it your inference and research.
About BME:SAI
Substrate Artificial Inteligence
Engages in the creation and development of artificial intelligence systems in Spain, the United Kingdom, the United States, Switzerland, and internationally.
Slight risk and fair value.