Stock Analysis

Econergy Renewable Energy Full Year 2022 Earnings: EPS: €0.05 (vs €0.44 loss in FY 2021)

TASE:ECNR
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Econergy Renewable Energy (TLV:ECNR) Full Year 2022 Results

Key Financial Results

  • Revenue: €8.98m (up by €8.01m from FY 2021).
  • Net income: €2.37m (up from €10.9m loss in FY 2021).
  • Profit margin: 26% (up from net loss in FY 2021). The move to profitability was primarily driven by higher revenue.
  • EPS: €0.05 (up from €0.44 loss in FY 2021).
earnings-and-revenue-history
TASE:ECNR Earnings and Revenue History March 31st 2023

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

Econergy Renewable Energy shares are up 7.5% from a week ago.

Risk Analysis

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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.