Alkemy (BIT:ALK) Full Year 2023 Results
Key Financial Results
- Revenue: €119.2m (up 12% from FY 2022).
- Net income: €3.46m (down 38% from FY 2022).
- Profit margin: 2.9% (down from 5.3% in FY 2022). The decrease in margin was driven by higher expenses.
All figures shown in the chart above are for the trailing 12 month (TTM) period
Alkemy Earnings Insights
Looking ahead, revenue is forecast to grow 7.5% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Professional Services industry in Italy.
Performance of the Italian Professional Services industry.
The company's share price is broadly unchanged from a week ago.
Risk Analysis
You still need to take note of risks, for example - Alkemy has 2 warning signs we think 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.
About BIT:ALK
Alkemy
Operates in the digital transformation market in Italy and internationally.
Excellent balance sheet with reasonable growth potential.
