Kistos Holdings Full Year 2023 Earnings: Misses Expectations

Kistos Holdings (LON:KIST) Full Year 2023 Results

Key Financial Results

• Revenue: €206.8m (down 50% from FY 2022).
• Net loss: €24.7m (down by 195% from €26.0m profit in FY 2022).
• €0.30 loss per share (down from €0.31 profit in FY 2022).

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

Kistos Holdings Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 10%. Earnings per share (EPS) was also behind analyst expectations.

Looking ahead, revenue is forecast to grow 25% p.a. on average during the next 2 years, while revenues in the Oil and Gas industry in the United Kingdom are expected to remain flat.

Performance of the British Oil and Gas industry.

The company's shares are down 9.8% from a week ago.

Risk Analysis

You still need to take note of risks, for example - Kistos Holdings has 1 warning sign we think 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.