Digital Value Reports Full Year 2022 Earnings

Digital Value (BIT:DGV) Full Year 2022 Results

Key Financial Results

• Revenue: €708.5m (up 27% from FY 2021).
• Net income: €33.9m (up 13% from FY 2021).
• Profit margin: 4.8% (down from 5.4% in FY 2021). The decrease in margin was driven by higher expenses.

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

Digital Value Earnings Insights

Looking ahead, revenue is forecast to grow 13% p.a. on average during the next 3 years, while revenues in the IT industry in Italy are expected to remain flat.

Performance of the Italian IT industry.

The company's shares are down 3.5% from a week ago.

Balance Sheet Analysis

Just as investors must consider earnings, it is also important to take into account the strength of a company's balance sheet. We have a graphic representation of Digital Value's balance sheet and an in-depth analysis of the company's financial position.

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