Stock Analysis

Modulight Oyj Full Year 2022 Earnings: Revenues Miss Expectations

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Modulight Oyj (HEL:MODU) Full Year 2022 Results

Key Financial Results

  • Revenue: €8.68m (down 19% from FY 2021).
  • Net loss: €8.55m (loss widened by 69% from FY 2021).
HLSE:MODU Earnings and Revenue Growth March 17th 2023

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

Modulight Oyj Revenues Disappoint

Revenue missed analyst estimates by 13%.

Looking ahead, revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Medical Equipment industry in Europe.

Performance of the market in Finland.

The company's shares are down 6.6% from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 2 warning signs for Modulight Oyj (1 is concerning) you should be aware of.

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