Stock Analysis

Partnera Oy Full Year 2023 Earnings: Revenues Miss Expectations

HLSE:PARTNE1
Source: Shutterstock

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).
earnings-and-revenue-growth
HLSE:PARTNE1 Earnings and Revenue Growth February 18th 2024

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.

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

Try a Demo Portfolio for Free

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.