Philogen (BIT:PHIL) Full Year 2023 Results
Key Financial Results
- Revenue: €25.1m (down 6.8% from FY 2022).
- Net loss: €6.16m (loss widened by 15% from FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Philogen Earnings Insights
Looking ahead, revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Biotechs industry in Europe.
Performance of the market in Italy.
The company's share price is broadly unchanged from a week ago.
Risk Analysis
It is worth noting though that we have found 2 warning signs for Philogen (1 is a bit unpleasant!) that you need to take into consideration.
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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:PHIL
Philogen
A biotechnology company, develops drugs for oncology and chronic inflammatory diseases.
Flawless balance sheet low.
