ELES Semiconductor Equipment Reports Full Year 2023 Earnings

ELES Semiconductor Equipment (BIT:ELES) Full Year 2023 Results

Key Financial Results

• Revenue: €33.7m (up 29% from FY 2022).
• Net income: €799.0k (up 22% from FY 2022).
• Profit margin: 2.4% (down from 2.5% in FY 2022). The decrease in margin was driven by higher expenses.

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

ELES Semiconductor Equipment Earnings Insights

Looking ahead, revenue is forecast to grow 17% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Semiconductor industry in Europe.

Performance of the market in Italy.

The company's shares are down 6.9% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 4 warning signs for ELES Semiconductor Equipment you should be aware of, and 2 of them shouldn't be ignored.

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