- United Kingdom
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- Commercial Services
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- AIM:FRAN
Franchise Brands Full Year 2023 Earnings: Misses Expectations
Franchise Brands (LON:FRAN) Full Year 2023 Results
Key Financial Results
- Revenue: UK£121.3m (up 31% from FY 2022).
- Net income: UK£3.04m (down 54% from FY 2022).
- Profit margin: 2.5% (down from 7.2% in FY 2022).
- EPS: UK£0.018 (down from UK£0.054 in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Franchise Brands Revenues and Earnings Miss Expectations
Revenue missed analyst estimates by 24%. Earnings per share (EPS) also missed analyst estimates by 71%.
The primary driver behind last 12 months revenue was the Water & Waste segment contributing a total revenue of UK£48.9m (40% of total revenue). The largest operating expense was General & Administrative costs, amounting to UK£54.2m (79% of total expenses). Explore how FRAN's revenue and expenses shape its earnings.
Looking ahead, revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Commercial Services industry in the United Kingdom.
Performance of the British Commercial Services industry.
The company's shares are down 12% from a week ago.
Risk Analysis
Before we wrap up, we've discovered 2 warning signs for Franchise Brands that 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.
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About AIM:FRAN
Franchise Brands
Through its subsidiaries, engages in franchising and related activities in the United Kingdom, North America, and rest of Europe.
Reasonable growth potential with proven track record.
