Matrix Holdings Full Year 2023 Earnings: HK$0.14 loss per share (vs HK$0.008 profit in FY 2022)

Matrix Holdings (HKG:1005) Full Year 2023 Results

Key Financial Results

• Revenue: HK$714.5m (down 28% from FY 2022).
• Net loss: HK$102.6m (down from HK$6.23m profit in FY 2022).
• HK$0.14 loss per share (down from HK$0.008 profit 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 The United States segment contributing a total revenue of HK$483.6m (68% of total revenue). Notably, cost of sales worth HK$405.8m amounted to 57% of total revenue thereby underscoring the impact on earnings. The largest operating expense was Sales & Marketing costs, amounting to HK$194.1m (47% of total expenses). Explore how 1005's revenue and expenses shape its earnings.

Matrix Holdings shares are up 47% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 4 warning signs for Matrix Holdings you should be aware of, and 3 of them are significant.

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