Stock Analysis

Yolo Group Reports Full Year 2023 Earnings

BIT:YOLO
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Yolo Group (BIT:YOLO) Full Year 2023 Results

Key Financial Results

  • Revenue: €9.47m (up 106% from FY 2022).
  • Net loss: €2.74m (loss widened by 73% from FY 2022).
earnings-and-revenue-growth
BIT:YOLO Earnings and Revenue Growth March 28th 2024

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

Yolo Group Earnings Insights

Looking ahead, revenue is forecast to grow 54% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Insurance industry in Italy.

Performance of the Italian Insurance industry.

The company's shares are up 5.0% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 3 warning signs for Yolo Group (1 doesn't sit too well with us!) that 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.