Stock Analysis

Compagnia dei Caraibi Reports Full Year 2023 Earnings

BIT:TIME
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Compagnia dei Caraibi (BIT:TIME) Full Year 2023 Results

Key Financial Results

  • Revenue: €52.8m (up 6.2% from FY 2022).
  • Net loss: €14.9m (down from €2.09m profit in FY 2022).
earnings-and-revenue-history
BIT:TIME Earnings and Revenue History July 3rd 2024

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

Compagnia dei Caraibi Earnings Insights

Looking ahead, revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Retail Distributors industry in Europe.

Performance of the market in Italy.

The company's shares are down 12% from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 4 warning signs for Compagnia dei Caraibi (2 can't be ignored) 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.