Image Scan Holdings Full Year 2023 Earnings: EPS Beats Expectations, Revenues Lag

Image Scan Holdings (LON:IGE) Full Year 2023 Results

Key Financial Results

• Revenue: UK£2.96m (up 48% from FY 2022).
• Net income: UK£123.9k (up from UK£271.5k loss in FY 2022).
• Profit margin: 4.2% (up from net loss in FY 2022). The move to profitability was driven by higher revenue.
• EPS: UK£0.001 (up from UK£0.002 loss in FY 2022).

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

Image Scan Holdings EPS Beats Expectations, Revenues Fall Short

Revenue missed analyst estimates by 1.2%. Earnings per share (EPS) exceeded analyst estimates by 29%.

The company's shares are down 26% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 3 warning signs for Image Scan Holdings (of which 2 make us uncomfortable!) you should know about.

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