Seeka Full Year 2023 Earnings: NZ$0.34 loss per share (vs NZ$0.16 profit in FY 2022)

Seeka (NZSE:SEK) Full Year 2023 Results

Key Financial Results

• Revenue: NZ$300.9m (down 14% from FY 2022).
• Net loss: NZ$14.5m (down by 322% from NZ$6.50m profit in FY 2022).
• NZ$0.34 loss per share (down from NZ$0.16 profit in FY 2022).

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

Seeka Earnings Insights

Looking ahead, revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Food industry in New Zealand.

Performance of the New Zealander Food industry.

The company's shares are up 7.5% from a week ago.

Risk Analysis

You still need to take note of risks, for example - Seeka has 3 warning signs (and 2 which don't sit too well with us) we think you should know about.

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