Videndum Full Year 2023 Earnings: Revenues Beat Expectations, EPS Lags

Videndum (LON:VID) Full Year 2023 Results

Key Financial Results

• Revenue: UK£306.9m (down 32% from FY 2022).
• Net loss: UK£12.1m (down by 137% from UK£32.9m profit in FY 2022).
• UK£0.24 loss per share (down from UK£0.71 profit in FY 2022).

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

Videndum Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 4.0%. Earnings per share (EPS) missed analyst estimates significantly.

Looking ahead, revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Consumer Durables industry in the United Kingdom.

Performance of the British Consumer Durables industry.

The company's shares are down 1.1% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 1 warning sign for Videndum you should be aware of.

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