Tortilla Mexican Grill Full Year 2023 Earnings: UK£0.028 loss per share (vs UK£0.017 loss in FY 2022)

Tortilla Mexican Grill (LON:MEX) Full Year 2023 Results

Key Financial Results

• Revenue: UK£65.7m (up 14% from FY 2022).
• Net loss: UK£1.09m (loss widened by 71% from FY 2022).
• UK£0.028 loss per share (further deteriorated from UK£0.017 loss in FY 2022).

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

Tortilla Mexican Grill Earnings Insights

Looking ahead, revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 7.4% growth forecast for the Hospitality industry in the United Kingdom.

Performance of the British Hospitality industry.

The company's shares are down 2.3% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 2 warning signs for Tortilla Mexican Grill 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.