Stock Analysis

Remedy Entertainment Oyj Full Year 2023 Earnings: €1.68 loss per share (vs €0.13 loss in FY 2022)

HLSE:REMEDY
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Remedy Entertainment Oyj (HEL:REMEDY) Full Year 2023 Results

Key Financial Results

  • Revenue: €34.0m (down 22% from FY 2022).
  • Net loss: €22.7m (loss widened by €20.9m from FY 2022).
  • €1.68 loss per share (further deteriorated from €0.13 loss in FY 2022).
earnings-and-revenue-growth
HLSE:REMEDY Earnings and Revenue Growth March 21st 2024

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

Remedy Entertainment Oyj Earnings Insights

Looking ahead, revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 8.5% growth forecast for the Entertainment industry in Europe.

Performance of the market in Finland.

The company's shares are up 1.8% from a week ago.

Risk Analysis

You still need to take note of risks, for example - Remedy Entertainment Oyj has 1 warning sign we think 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.