Stock Analysis

SAES Getters Full Year 2023 Earnings: €0.66 loss per share (vs €0.68 profit in FY 2022)

BIT:SG
Source: Shutterstock

SAES Getters (BIT:SG) Full Year 2023 Results

Key Financial Results

  • Revenue: €121.6m (down 51% from FY 2022).
  • Net loss: €11.0m (down by 189% from €12.4m profit in FY 2022).
  • €0.66 loss per share (down from €0.68 profit in FY 2022).
revenue-and-expenses-breakdown
BIT:SG Revenue and Expenses Breakdown March 18th 2024

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

The primary driver behind last 12 months revenue was the SAES Industrial segment contributing a total revenue of €70.9m (58% of total revenue). Notably, cost of sales worth €72.2m amounted to 59% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to €43.9m (61% of total expenses). Over the last 12 months, the company's earnings were enhanced by non-operating gains of €11.2m. Explore how SG's revenue and expenses shape its earnings.

SAES Getters' share price is broadly unchanged from a week ago.

Risk Analysis

We should say that we've discovered 1 warning sign for SAES Getters that you should be aware of before investing here.

New: Manage All Your Stock Portfolios in One Place

We've created the ultimate portfolio companion for stock investors, and it's free.

• Connect an unlimited number of Portfolios and see your total in one currency
• Be alerted to new Warning Signs or Risks via email or mobile
• Track the Fair Value of your stocks

Try a Demo Portfolio for Free

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

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.