Woodbois Full Year 2023 Earnings: US$0.002 loss per share (vs US$0.045 loss in FY 2022)

Woodbois (LON:WBI) Full Year 2023 Results

Key Financial Results

• Net loss: US$8.13m (loss narrowed by 93% from FY 2022).
• US$0.002 loss per share (improved from US$0.045 loss in FY 2022).

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

The primary driver behind last 12 months revenue was the Forestry segment contributing a total revenue of US$6.92m (87% of total revenue). Notably, cost of sales worth US$6.53m amounted to 82% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to US$7.98m (79% of total expenses). Over the last 12 months, the company's earnings were enhanced by non-operating gains of US$519.0k. Explore how WBI's revenue and expenses shape its earnings.

Woodbois shares are down 8.9% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 5 warning signs for Woodbois (of which 3 shouldn't be ignored!) you should know about.

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