Stock Analysis

Longino & Cardenal Reports Full Year 2023 Earnings

BIT:LON
Source: Shutterstock

Longino & Cardenal (BIT:LON) Full Year 2023 Results

Key Financial Results

  • Revenue: €35.8m (up 11% from FY 2022).
  • Net loss: €525.3k (loss narrowed by 58% from FY 2022).
    earnings-and-revenue-history
    BIT:LON Earnings and Revenue History April 1st 2024

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

    Longino & Cardenal Earnings Insights

    Looking ahead, revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the Hospitality industry in Italy.

    Performance of the Italian Hospitality industry.

    The company's shares are down 1.6% from a week ago.

    Risk Analysis

    Before we wrap up, we've discovered 1 warning sign for Longino & Cardenal that you should be aware of.

    New: AI Stock Screener & Alerts

    Our new AI Stock Screener scans the market every day to uncover opportunities.

    • Dividend Powerhouses (3%+ Yield)
    • Undervalued Small Caps with Insider Buying
    • High growth Tech and AI Companies

    Or build your own from over 50 metrics.

    Explore Now for Free

    Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

    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.