FLITTO Full Year 2023 Earnings: ₩1,300 loss per share (vs ₩1,129 loss in FY 2022)

FLITTO (KOSDAQ:300080) Full Year 2023 Results

Key Financial Results

• Revenue: ₩17.8b (up 30% from FY 2022).
• Net loss: ₩6.79b (loss widened by 16% from FY 2022).
• ₩1,300 loss per share (further deteriorated from ₩1,129 loss in FY 2022).

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

FLITTO Earnings Insights

Looking ahead, revenue is forecast to grow 33% p.a. on average during the next 2 years, compared to a 20% growth forecast for the Software industry in South Korea.

Performance of the South Korean Software industry.

The company's shares are up 4.6% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 2 warning signs for FLITTO (of which 1 can't be ignored!) you should know about.

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