Stock Analysis
Integrated Wind Solutions (OB:IWS) Full Year 2023 Results
Key Financial Results
- Revenue: €22.6m (up 5.9% from FY 2022).
- Net loss: €1.30m (loss narrowed by 51% from FY 2022).
- €0.034 loss per share (improved from €0.10 loss in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Integrated Wind Solutions Revenues and Earnings Beat Expectations
Revenue exceeded analyst estimates by 7.5%. Earnings per share (EPS) also surpassed analyst estimates by 68%.
Looking ahead, revenue is forecast to grow 43% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Construction industry in Norway.
Performance of the Norwegian Construction industry.
The company's shares are up 3.1% from a week ago.
Risk Analysis
Before you take the next step you should know about the 2 warning signs for Integrated Wind Solutions (1 shouldn't be ignored!) that we have uncovered.
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About OB:IWS
Integrated Wind Solutions
Integrated Wind Solutions ASA, through its subsidiaries, provides offshore wind services in Norway, Denmark, Taiwan, Belgium, France, Finland, the United Kingdom, and internationally.
High growth potential with mediocre balance sheet.