Stock Analysis

Blancco Technology Group Full Year 2022 Earnings: EPS Beats Expectations

AIM:BLTG
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Blancco Technology Group (LON:BLTG) Full Year 2022 Results

Key Financial Results
  • Revenue: UK£39.8m (up 9.0% from FY 2021).
  • Net income: UK£2.02m (up 48% from FY 2021).
  • Profit margin: 5.1% (up from 3.7% in FY 2021).
  • EPS: UK£0.027 (up from UK£0.018 in FY 2021).
earnings-and-revenue-history
AIM:BLTG Earnings and Revenue History October 29th 2022

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

Blancco Technology Group EPS Beats Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 103%.

Looking ahead, revenue is forecast to grow 9.0% p.a. on average during the next 3 years, compared to a 9.0% growth forecast for the Software industry in the United Kingdom.

Performance of the British Software industry.

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

Risk Analysis

What about risks? Every company has them, and we've spotted 3 warning signs for Blancco Technology Group you should know about.

Valuation is complex, but we're here to simplify it.

Discover if Blancco Technology Group might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.

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About AIM:BLTG

Blancco Technology Group

Blancco Technology Group plc provides data erasure and mobile lifecycle solutions in the United States, the United Kingdom, the Asia Pacific, Europe, and internationally.

Flawless balance sheet with reasonable growth potential.