Partnera Oy (HEL:PARTNE1) Full Year 2023 Results
Key Financial Results
- Revenue: €60.9m (down 29% from FY 2022).
- Net loss: €638.0k (loss narrowed by 97% from FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Partnera Oy Revenues Disappoint
Revenue missed analyst estimates by 5.1%.
Looking ahead, revenue is expected to decline by 1.5% p.a. on average during the next 3 years, while revenues in the Capital Markets industry in Finland are expected to grow by 6.7%.
Performance of the Finnish Capital Markets industry.
The company's shares are down 5.3% from a week ago.
Risk Analysis
Before we wrap up, we've discovered 2 warning signs for Partnera Oy that you should be aware of.
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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.
About HLSE:PARTNE1
Partnera Oy
A principal investment firm specializing in investing in companies operating in the public sector.
Excellent balance sheet low.