Strip Tinning Holdings Full Year 2023 Earnings: UK£0.05 loss per share (vs UK£0.34 loss in FY 2022)

Strip Tinning Holdings (LON:STG) Full Year 2023 Results

Key Financial Results

• Revenue: UK£10.8m (up 5.8% from FY 2022).
• Net loss: UK£771.0k (loss narrowed by 84% from FY 2022).
• UK£0.05 loss per share (improved from UK£0.34 loss in FY 2022).

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

Strip Tinning Holdings Earnings Insights

Looking ahead, revenue is forecast to grow 16% p.a. on average during the next 2 years, compared to a 4.6% growth forecast for the Auto Components industry in the United Kingdom.

Performance of the British Auto Components industry.

The company's shares are up 23% from a week ago.

Risk Analysis

You still need to take note of risks, for example - Strip Tinning Holdings has 3 warning signs (and 1 which is a bit unpleasant) we think you should know about.

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