Flowtech Fluidpower Full Year 2023 Earnings: UK£0.21 loss per share (vs UK£0.10 loss in FY 2022)

Flowtech Fluidpower (LON:FLO) Full Year 2023 Results

Key Financial Results

• Revenue: UK£112.1m (down 2.3% from FY 2022).
• Net loss: UK£13.0m (loss widened by 108% from FY 2022).
• UK£0.21 loss per share (further deteriorated from UK£0.10 loss in FY 2022).

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

Flowtech Fluidpower Earnings Insights

Looking ahead, revenue is forecast to grow 5.1% p.a. on average during the next 2 years, compared to a 2.2% growth forecast for the Trade Distributors industry in the United Kingdom.

Performance of the British Trade Distributors industry.

The company's shares are down 1.5% from a week ago.

Risk Analysis

We should say that we've discovered 3 warning signs for Flowtech Fluidpower (1 is concerning!) that you should be aware of before investing here.

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