Stock Analysis

BasicNet Full Year 2022 Earnings: EPS: €0.60 (vs €0.40 in FY 2021)

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BasicNet (BIT:BAN) Full Year 2022 Results

Key Financial Results

  • Revenue: €312.7m (up 29% from FY 2021).
  • Net income: €30.0m (up 48% from FY 2021).
  • Profit margin: 9.6% (up from 8.4% in FY 2021). The increase in margin was driven by higher revenue.
  • EPS: €0.60 (up from €0.40 in FY 2021).
earnings-and-revenue-history
BIT:BAN Earnings and Revenue History March 15th 2023

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

BasicNet shares are down 1.9% from a week ago.

Risk Analysis

We should say that we've discovered 3 warning signs for BasicNet (2 are concerning!) that you should be aware of before investing here.

Valuation is complex, but we're here to simplify it.

Discover if BasicNet might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.

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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:BAN

BasicNet

Operates in the sports and casual clothing, footwear, and accessories sectors in Europe, the Americas, Asia, Oceania, the Middle East, and Africa.

Adequate balance sheet with low risk.

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