Onde Third Quarter 2023 Earnings: EPS: zł0.20 (vs zł0.02 in 3Q 2022)

Onde (WSE:OND) Third Quarter 2023 Results

Key Financial Results

• Revenue: zł338.1m (up 15% from 3Q 2022).
• Net income: zł10.7m (up by zł9.70m from 3Q 2022).
• Profit margin: 3.2% (up from 0.3% in 3Q 2022). The increase in margin was driven by higher revenue.
• EPS: zł0.20 (up from zł0.02 in 3Q 2022).

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

Onde shares are down 3.5% from a week ago.

Balance Sheet Analysis

Just as investors must consider earnings, it is also important to take into account the strength of a company's balance sheet. We've done some analysis and you can see our take on Onde's balance sheet.

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