Stock Analysis

Redx Pharma Full Year 2023 Earnings: Beats Expectations

Published
AIM:REDX

Redx Pharma (LON:REDX) Full Year 2023 Results

Key Financial Results

  • Revenue: UK£4.20m (down 78% from FY 2022).
  • Net loss: UK£33.2m (loss widened by 84% from FY 2022).
  • UK£0.099 loss per share (further deteriorated from UK£0.061 loss in FY 2022).
AIM:REDX Earnings and Revenue Growth December 16th 2023

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

Redx Pharma Revenues and Earnings Beat Expectations

Revenue exceeded analyst estimates by 40%. Earnings per share (EPS) also surpassed analyst estimates by 17%.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

You should learn about the 3 warning signs we've spotted with Redx Pharma (including 1 which is a bit unpleasant).

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