Stock Analysis
Porto Aviation Group (BIT:PAG) Full Year 2023 Results
Key Financial Results
- Revenue: €3.76m (up 46% from FY 2022).
- Net income: €198.4k (up from €446.1k loss in FY 2022).
- Profit margin: 5.3% (up from net loss in FY 2022). The move to profitability was driven by higher revenue.
All figures shown in the chart above are for the trailing 12 month (TTM) period
Porto Aviation Group Earnings Insights
Looking ahead, revenue is forecast to grow 37% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Aerospace & Defense industry in Italy.
Performance of the Italian Aerospace & Defense industry.
The company's shares are up 3.5% from a week ago.
Risk Analysis
You should always think about risks. Case in point, we've spotted 3 warning signs for Porto Aviation Group you should be aware of, and 1 of them shouldn't be ignored.
Valuation is complex, but we're helping make it simple.
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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.
About BIT:PAG
Porto Aviation Group
Engages in the production of gliders and aircrafts in Italy.