IP Group Full Year 2023 Earnings: Misses Expectations

IP Group (LON:IPO) Full Year 2023 Results

Key Financial Results

• Net loss: UK£170.9m (loss narrowed by 50% from FY 2022).
• UK£0.17 loss per share (improved from UK£0.33 loss in FY 2022).

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

IP Group Revenues and Earnings Miss Expectations

Revenue missed analyst estimates. Earnings per share (EPS) was also behind analyst expectations.

Looking ahead, revenue is forecast to grow 101% p.a. on average during the next 2 years, compared to a 3.1% growth forecast for the Capital Markets industry in the United Kingdom.

Performance of the British Capital Markets industry.

The company's shares are down 2.6% from a week ago.

Risk Analysis

Before you take the next step you should know about the 2 warning signs for IP Group that we have uncovered.

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