Libra Insurance Full Year 2023 Earnings: EPS: ₪0.20 (vs ₪0.084 loss in FY 2022)

Libra Insurance (TLV:LBRA) Full Year 2023 Results

Key Financial Results

• Revenue: ₪300.4m (up 77% from FY 2022).
• Net income: ₪9.16m (up from ₪3.81m loss in FY 2022).
• Profit margin: 3.0% (up from net loss in FY 2022). The move to profitability was driven by higher revenue.
• EPS: ₪0.20 (up from ₪0.084 loss in FY 2022).

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

Libra Insurance shares are up 3.5% from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 2 warning signs for Libra Insurance that you need to be mindful of.

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