Stock Analysis

Growens Full Year 2022 Earnings: €0.17 loss per share (vs €0.026 profit in FY 2021)

BIT:GROW
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Growens (BIT:GROW) Full Year 2022 Results

Key Financial Results

  • Revenue: €103.4m (up 45% from FY 2021).
  • Net loss: €2.52m (down from €387.1k profit in FY 2021).
  • €0.17 loss per share (down from €0.026 profit in FY 2021).
earnings-and-revenue-growth
BIT:GROW Earnings and Revenue Growth April 26th 2023

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

Growens Earnings Insights

Looking ahead, revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Software industry in Italy.

Performance of the Italian Software industry.

The company's shares are down 2.6% from a week ago.

Risk Analysis

You should learn about the 4 warning signs we've spotted with Growens (including 2 which are concerning).

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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.