Stock Analysis

Unidata Reports Full Year 2022 Earnings

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Unidata (BIT:UD) Full Year 2022 Results

Key Financial Results

  • Revenue: €51.3m (up 42% from FY 2021).
  • Net income: €7.50m (down 4.3% from FY 2021).
  • Profit margin: 15% (down from 22% in FY 2021). The decrease in margin was driven by higher expenses.
earnings-and-revenue-growth
BIT:UD Earnings and Revenue Growth March 19th 2023

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

Unidata Earnings Insights

Looking ahead, revenue is forecast to grow 27% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Telecom industry in Italy.

Performance of the Italian Telecom industry.

The company's shares are down 4.7% from a week ago.

Risk Analysis

You should learn about the 3 warning signs we've spotted with Unidata (including 1 which can't be ignored).

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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.

About BIT:UD

Unidata

Operates as an Internet service provider in Italy.

Very undervalued with proven track record.

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