BoomBit Reports Third Quarter 2023 Earnings

BoomBit (WSE:BBT) Third Quarter 2023 Results

Key Financial Results

• Revenue: zł55.3m (down 25% from 3Q 2022).
• Net income: zł2.76m (down 34% from 3Q 2022).
• Profit margin: 5.0% (down from 5.7% in 3Q 2022). The decrease in margin was driven by lower revenue.

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

BoomBit shares are up 3.7% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 2 warning signs for BoomBit that you should be aware of.

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