International Hotel Investments Full Year 2023 Earnings: €0.017 loss per share (vs €0.009 loss in FY 2022)

International Hotel Investments (MTSE:IHI) Full Year 2023 Results

Key Financial Results

• Revenue: €287.8m (up 21% from FY 2022).
• Net loss: €10.3m (loss widened by 90% from FY 2022).
• €0.017 loss per share (further deteriorated from €0.009 loss in FY 2022).

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 Hotels - London segment contributing a total revenue of €92.3m (32% of total revenue). Notably, cost of sales worth €151.2m amounted to 53% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to €48.1m (33% of total expenses). Explore how IHI's revenue and expenses shape its earnings.

International Hotel Investments shares are up 8.9% from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 2 warning signs for International Hotel Investments that you should be aware of.

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