Stock Analysis

Askoll EVA Reports Full Year 2023 Earnings

BIT:EVA
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Askoll EVA (BIT:EVA) Full Year 2023 Results

Key Financial Results

  • Revenue: €10.6m (down 26% from FY 2022).
  • Net loss: €1.95m (loss narrowed by 8.0% from FY 2022).
earnings-and-revenue-growth
BIT:EVA Earnings and Revenue Growth April 1st 2024

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

Askoll EVA Earnings Insights

Looking ahead, revenue is forecast to grow 33% p.a. on average during the next 3 years, compared to a 2.8% growth forecast for the Auto industry in Europe.

Performance of the market in Italy.

The company's shares are up 1.3% from a week ago.

Risk Analysis

We should say that we've discovered 3 warning signs for Askoll EVA (2 shouldn't be ignored!) that you should be aware of before investing here.

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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.