- South Korea
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- KOSDAQ:A322310
AUROS Technology Full Year 2023 Earnings: Beats Expectations
AUROS Technology (KOSDAQ:322310) Full Year 2023 Results
Key Financial Results
- Revenue: ₩45.5b (up 29% from FY 2022).
- Net income: ₩3.38b (up from ₩2.98b loss in FY 2022).
- Profit margin: 7.4% (up from net loss in FY 2022). The move to profitability was driven by higher revenue.
- EPS: ₩363 (up from ₩321 loss in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
AUROS Technology Revenues and Earnings Beat Expectations
Revenue exceeded analyst estimates by 7.4%. Earnings per share (EPS) also surpassed analyst estimates by 80%.
Looking ahead, revenue is forecast to grow 40% p.a. on average during the next 2 years, compared to a 24% growth forecast for the Semiconductor industry in South Korea.
Performance of the South Korean Semiconductor industry.
The company's shares are up 2.7% from a week ago.
Risk Analysis
Be aware that AUROS Technology is showing 1 warning sign in our investment analysis that you should know about...
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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 KOSDAQ:A322310
AUROS Technology
Engages in the manufacture and sale of measuring equipment for all processes of the semiconductors in South Korea and internationally.
Exceptional growth potential with excellent balance sheet.