Almawave Reports Full Year 2022 Earnings

Almawave (BIT:AIW) Full Year 2022 Results

Key Financial Results

• Revenue: €48.0m (up 46% from FY 2021).
• Net income: €4.80m (up 39% from FY 2021).
• Profit margin: 10.0% (in line with FY 2021).

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

Almawave Earnings Insights

Looking ahead, revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Software industry in Italy.

Performance of the Italian Software industry.

The company's shares are down 5.1% from a week ago.

Risk Analysis

You should learn about the 1 warning sign we've spotted with Almawave.

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