NetScientific Full Year 2023 Earnings: UK£0.11 loss per share (vs UK£0.14 loss in FY 2022)

NetScientific (LON:NSCI) Full Year 2023 Results

Key Financial Results

• Net loss: UK£2.64m (loss narrowed by 15% from FY 2022).
• UK£0.11 loss per share (improved from UK£0.14 loss in FY 2022).

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

NetScientific Earnings Insights

Looking ahead, revenue is forecast to grow 27% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Medical Equipment industry in the United Kingdom.

Performance of the British Medical Equipment industry.

The company's shares are up 6.7% from a week ago.

Risk Analysis

It's necessary to consider the ever-present spectre of investment risk. We've identified 3 warning signs with NetScientific (at least 1 which shouldn't be ignored), and understanding these should be part of your investment process.

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