BenevolentAI Full Year 2023 Earnings: Misses Expectations

BenevolentAI (AMS:BAI) Full Year 2023 Results

Key Financial Results

• Net loss: UK£63.3m (loss narrowed by 61% from FY 2022).
• UK£0.54 loss per share (improved from UK£1.50 loss in FY 2022).

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

BenevolentAI Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 68%. Earnings per share (EPS) also missed analyst estimates by 55%.

Looking ahead, revenue is forecast to grow 68% p.a. on average during the next 2 years, compared to a 7.7% growth forecast for the Pharmaceuticals industry in Europe.

Performance of the market in the Netherlands.

The company's shares are up 3.6% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 3 warning signs for BenevolentAI (1 is significant!) that you should be aware of.

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