Stock Analysis
Acquazzurra Reports Full Year 2023 Earnings
Acquazzurra (BIT:ACQ) Full Year 2023 Results
Key Financial Results
- Revenue: €22.6m (up 22% from FY 2022).
- Net income: €108.7k (up from €213.2k loss in FY 2022).
- Profit margin: 0.5% (up from net loss in FY 2022). The move to profitability was driven by higher revenue.
All figures shown in the chart above are for the trailing 12 month (TTM) period
Acquazzurra Earnings Insights
Looking ahead, revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 8.6% growth forecast for the Multiline Retail 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 1 warning sign for Acquazzurra that you need to take into consideration.
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About BIT:ACQ
Acquazzurra
Acquazzurra S.p.A. operates as an agency for the sale of advertising space on various media with the particularity of receiving in payment the goods and/or services offered by the client company.
Excellent balance sheet with reasonable growth potential.