Stock Analysis
- United Kingdom
- /
- Metals and Mining
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- AIM:SLP
Sylvania Platinum Full Year 2023 Earnings: EPS Misses Expectations
Sylvania Platinum (LON:SLP) Full Year 2023 Results
Key Financial Results
- Revenue: US$130.2m (down 14% from FY 2022).
- Net income: US$45.4m (down 19% from FY 2022).
- Profit margin: 35% (down from 37% in FY 2022). The decrease in margin was driven by lower revenue.
- EPS: US$0.17 (down from US$0.21 in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Sylvania Platinum EPS Misses Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 2.3%.
Looking ahead, revenue is forecast to grow 6.9% p.a. on average during the next 2 years, while revenues in the Metals and Mining industry in the United Kingdom are expected to remain flat.
Performance of the British Metals and Mining industry.
The company's shares are up 16% from a week ago.
Risk Analysis
You should learn about the 1 warning sign we've spotted with Sylvania Platinum.
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About AIM:SLP
Sylvania Platinum
Primarily engages in the retreatment of platinum group metals (PGM) bearing chrome tailings materials in South Africa and Mauritius.
Flawless balance sheet and undervalued.