Stock Analysis

TraWell Co Reports Full Year 2023 Earnings

BIT:TWL
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TraWell Co (BIT:TWL) Full Year 2023 Results

Key Financial Results

  • Revenue: €30.2m (up 15% from FY 2022).
  • Net income: €1.14m (up from €1.27m loss in FY 2022).
  • Profit margin: 3.8% (up from net loss in FY 2022). The move to profitability was driven by higher revenue.
earnings-and-revenue-growth
BIT:TWL Earnings and Revenue Growth May 3rd 2024

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

TraWell Co Earnings Insights

Looking ahead, revenue is forecast to grow 7.1% p.a. on average during the next 2 years, compared to a 1.4% growth forecast for the Infrastructure industry in Italy.

Performance of the Italian Infrastructure industry.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

It is worth noting though that we have found 1 warning sign for TraWell Co that you need to take into consideration.

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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.