Stock Analysis

Azerion Group Reports Third Quarter 2023 Earnings

Published
ENXTAM:AZRN
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Azerion Group (AMS:AZRN) Third Quarter 2023 Results

Key Financial Results

  • Revenue: €108.5m (up 2.8% from 3Q 2022).
  • Net income: €54.1m (up from €4.20m loss in 3Q 2022).
  • Profit margin: 50% (up from net loss in 3Q 2022).
  • EPS: €0.43.
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ENXTAM:AZRN Earnings and Revenue Growth December 2nd 2023

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

Azerion Group Earnings Insights

Looking ahead, revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Interactive Media and Services industry in Europe.

Performance of the market in the Netherlands.

The company's shares are up 5.5% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 5 warning signs for Azerion Group you should be aware of, and 3 of them are concerning.

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