- United Kingdom
- Commercial Services
Smart Metering Systems Full Year 2022 Earnings: Revenues Beat Expectations, EPS Lags
Smart Metering Systems (LON:SMS) Full Year 2022 Results
Key Financial Results
- Revenue: UK£135.5m (up 25% from FY 2021).
- Net income: UK£14.9m (up 292% from FY 2021).
- Profit margin: 11% (up from 3.5% in FY 2021).
- EPS: UK£0.11 (up from UK£0.032 in FY 2021).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Smart Metering Systems Revenues Beat Expectations, EPS Falls Short
Revenue exceeded analyst estimates by 3.2%. Earnings per share (EPS) missed analyst estimates by 11%.
Looking ahead, revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the Commercial Services industry in the United Kingdom.
Performance of the British Commercial Services industry.
The company's shares are down 5.0% from a week ago.
What about risks? Every company has them, and we've spotted 2 warning signs for Smart Metering Systems you should know about.
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Smart Metering Systems
Smart Metering Systems plc, together with its subsidiaries, operates as an integrated energy infrastructure company in the United Kingdom.
Flawless balance sheet with proven track record.