Stock Analysis
- United Kingdom
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- Consumer Finance
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- LSE:FCH
Funding Circle Holdings Full Year 2023 Earnings: Revenues Beat Expectations, EPS Lags
Funding Circle Holdings (LON:FCH) Full Year 2023 Results
Key Financial Results
- Revenue: UK£168.2m (up 8.0% from FY 2022).
- Net loss: UK£38.3m (loss widened by 455% from FY 2022).
- UK£0.11 loss per share (further deteriorated from UK£0.02 loss in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Funding Circle Holdings Revenues Beat Expectations, EPS Falls Short
Revenue exceeded analyst estimates by 1.2%. Earnings per share (EPS) missed analyst estimates by 31%.
Looking ahead, revenue is forecast to grow 9.8% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Consumer Finance industry in the United Kingdom.
Performance of the British Consumer Finance industry.
The company's shares are up 2.8% from a week ago.
Risk Analysis
You should learn about the 1 warning sign we've spotted with Funding Circle Holdings.
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About LSE:FCH
Funding Circle Holdings
Provides online lending platforms in the United Kingdom, the United States, and internationally.