Stock Analysis

Ari Real Estate (Arena) Investment Full Year 2023 Earnings: EPS: ₪0.11 (vs ₪0.044 loss in FY 2022)

TASE:ARIN
Source: Shutterstock

Ari Real Estate (Arena) Investment (TLV:ARIN) Full Year 2023 Results

Key Financial Results

  • Revenue: ₪101.3m (down 37% from FY 2022).
  • Net income: ₪33.9m (up from ₪10.8m loss in FY 2022).
  • Profit margin: 33% (up from net loss in FY 2022). The move to profitability was driven by lower expenses.
  • EPS: ₪0.11 (up from ₪0.044 loss in FY 2022).
earnings-and-revenue-history
TASE:ARIN Earnings and Revenue History March 24th 2024

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

Ari Real Estate (Arena) Investment shares are up 1.8% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 1 warning sign for Ari Real Estate (Arena) Investment you should be aware of.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.