Execus Reports Full Year 2023 Earnings

Execus (BIT:EXEC) Full Year 2023 Results

Key Financial Results

• Revenue: €2.29m (down 5.2% from FY 2022).
• Net income: €49.8k (down 93% from FY 2022).
• Profit margin: 2.2% (down from 29% in FY 2022). The decrease in margin was primarily driven by higher expenses.

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

Execus Earnings Insights

Looking ahead, revenue is forecast to grow 51% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Professional Services industry in Italy.

Performance of the Italian Professional Services industry.

The company's shares are down 6.9% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 5 warning signs for Execus (1 is significant!) that you should be aware of.

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