Atalaya Mining Full Year 2023 Earnings: EPS Beats Expectations, Revenues Lag

Atalaya Mining (LON:ATYM) Full Year 2023 Results

Key Financial Results

• Revenue: €340.3m (down 5.9% from FY 2022).
• Net income: €38.8m (up 17% from FY 2022).
• Profit margin: 11% (up from 9.2% in FY 2022). The increase in margin was driven by lower expenses.
• EPS: €0.28 (up from €0.24 in FY 2022).

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

Atalaya Mining EPS Beats Expectations, Revenues Fall Short

Revenue missed analyst estimates by 2.2%. Earnings per share (EPS) exceeded analyst estimates by 7.0%.

Looking ahead, revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 1.1% growth forecast for the Metals and Mining industry in the United Kingdom.

Performance of the British Metals and Mining industry.

The company's shares are up 3.4% from a week ago.

Balance Sheet Analysis

While earnings are important, another area to consider is the balance sheet. We have a graphic representation of Atalaya Mining's balance sheet and an in-depth analysis of the company's financial position.

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