STV Group (LON:STVG) Full Year 2023 Results
Key Financial Results
- Revenue: UK£168.4m (up 22% from FY 2022).
- Net income: UK£4.50m (down 74% from FY 2022).
- Profit margin: 2.7% (down from 13% in FY 2022).
- EPS: UK£0.098 (down from UK£0.38 in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
STV Group EPS Misses Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 51%.
The primary driver behind last 12 months revenue was the Broadcast segment contributing a total revenue of UK£90.4m (54% of total revenue). Notably, cost of sales worth UK£125.5m amounted to 75% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to UK£28.5m (74% of total expenses). Explore how STVG's revenue and expenses shape its earnings.
Looking ahead, revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 2.7% growth forecast for the Media industry in the United Kingdom.
Performance of the British Media industry.
The company's shares are up 5.3% from a week ago.
Risk Analysis
Be aware that STV Group is showing 5 warning signs in our investment analysis and 3 of those are a bit concerning...
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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.
About LSE:STVG
STV Group
Produces and broadcasts television programs in the United Kingdom.
High growth potential moderate and pays a dividend.
