Stock Analysis

Agilyx Full Year 2023 Earnings: Revenues Miss Expectations

OB:AGLX
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Agilyx (OB:AGLX) Full Year 2023 Results

Key Financial Results

  • Net loss: US$15.8m (loss narrowed by 28% from FY 2022).
earnings-and-revenue-growth
OB:AGLX Earnings and Revenue Growth April 26th 2024

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

Agilyx Revenues Disappoint

Revenue missed analyst estimates by 64%.

Looking ahead, revenue is forecast to grow 39% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Commercial Services industry in Europe.

Performance of the market in Norway.

The company's shares are down 1.0% from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 2 warning signs for Agilyx (1 is a bit concerning!) that you need to be mindful of.

Valuation is complex, but we're helping make it simple.

Find out whether Agilyx is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.