Lumibird Reports Full Year 2022 Earnings

Lumibird (EPA:LBIRD) Full Year 2022 Results

Key Financial Results

• Revenue: €191.0m (up 15% from FY 2021).
• Net income: €11.4m (down 18% from FY 2021).
• Profit margin: 6.0% (down from 8.3% in FY 2021). The decrease in margin was driven by higher expenses.

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

Lumibird Earnings Insights

Looking ahead, revenue is forecast to grow 9.1% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Electronic industry in France.

Performance of the French Electronic industry.

The company's shares are down 2.6% from a week ago.

Balance Sheet Analysis

While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. We've done some analysis and you can see our take on Lumibird's balance sheet.

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