Stock Analysis

Aiforia Technologies Oyj Full Year 2023 Earnings: Revenues Disappoint

HLSE:AIFORIA
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Aiforia Technologies Oyj (HEL:AIFORIA) Full Year 2023 Results

Key Financial Results

  • Revenue: €2.49m (up 33% from FY 2022).
  • Net loss: €12.9m (loss widened by 22% from FY 2022).
  • €0.50 loss per share (further deteriorated from €0.41 loss in FY 2022).
earnings-and-revenue-growth
HLSE:AIFORIA Earnings and Revenue Growth March 8th 2024

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

Aiforia Technologies Oyj Earnings Insights

Looking ahead, revenue is forecast to grow 53% p.a. on average during the next 3 years, compared to a 9.1% growth forecast for the Healthcare Services industry in Europe.

Performance of the market in Finland.

The company's shares are up 1.2% from a week ago.

Risk Analysis

We should say that we've discovered 4 warning signs for Aiforia Technologies Oyj 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.

About HLSE:AIFORIA

Aiforia Technologies Oyj

Together with its subsidiary Aiforia Inc., equips pathologists and scientists in preclinical, clinical, and academic labs with deep learning artificial intelligence (AI) software for translating images into discoveries, decisions, and diagnoses in Finland, rest of Europe, North America, and internationally.

Flawless balance sheet low.