Zwipe Full Year 2023 Earnings: EPS Beats Expectations, Revenues Lag

Zwipe (OB:ZWIPE) Full Year 2023 Results

Key Financial Results

• Net loss: kr100.0m (loss narrowed by 4.5% from FY 2022).
• kr1.86 loss per share (improved from kr2.80 loss in FY 2022).

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

Zwipe EPS Beats Expectations, Revenues Fall Short

Revenue missed analyst estimates by 41%. Earnings per share (EPS) exceeded analyst estimates by 2.1%.

Looking ahead, revenue is forecast to grow 123% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Electronic industry in Norway.

Performance of the Norwegian Electronic industry.

The company's shares are up 1.1% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 6 warning signs for Zwipe (of which 5 are potentially serious!) you should know about.

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