Stock Analysis

Taaleri Oyj Full Year 2023 Earnings: Misses Expectations

Taaleri Oyj (HEL:TAALA) Full Year 2023 Results

Key Financial Results

Revenue: €61.8m (up 9.1% from FY 2022).
Net income: €23.0m (up 12% from FY 2022).
Profit margin: 37% (in line with FY 2022).
EPS: €0.81 (up from €0.73 in FY 2022).

revenue-and-expenses-breakdown — HLSE:TAALA Revenue and Expenses Breakdown March 19th 2024

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

Taaleri Oyj Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 4.1%. Earnings per share (EPS) also missed analyst estimates by 21%.

The primary driver behind last 12 months revenue was the Private Asset Management - Renewable Energy segment contributing a total revenue of €35.4m (57% of total revenue). The largest operating expense was General & Administrative costs, amounting to €22.4m (73% of total expenses). Explore how TAALA's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to stay flat during the next 3 years compared to a 5.4% growth forecast for the Capital Markets industry in Finland.

Performance of the Finnish Capital Markets industry.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

We should say that we've discovered 2 warning signs for Taaleri Oyj (1 shouldn't be ignored!) that you should be aware of before investing here.

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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.

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