OSAI Automation System Full Year 2023 Earnings: Revenues Miss Expectations

OSAI Automation System (BIT:OSA) Full Year 2023 Results

Key Financial Results

• Revenue: €41.5m (up 22% from FY 2022).
• Net loss: €6.16m (down from €952.0k profit in FY 2022).

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

OSAI Automation System Revenues Disappoint

Revenue missed analyst estimates by 8.1%.

Looking ahead, revenue is forecast to grow 7.8% p.a. on average during the next 3 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 1.6% from a week ago.

Risk Analysis

We should say that we've discovered 2 warning signs for OSAI Automation System (1 can't be ignored!) that you should be aware of before investing here.

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