Lokum Deweloper Full Year 2023 Earnings: EPS: zł7.67 (vs zł3.18 in FY 2022)

Lokum Deweloper (WSE:LKD) Full Year 2023 Results

Key Financial Results

• Revenue: zł451.3m (up 23% from FY 2022).
• Net income: zł138.0m (up 141% from FY 2022).
• Profit margin: 31% (up from 16% in FY 2022). The increase in margin was driven by higher revenue.
• EPS: zł7.67 (up from zł3.18 in FY 2022).

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

Lokum Deweloper Earnings Insights

Looking ahead, revenue is expected to decline by 19% p.a. on average during the next 3 years, while revenues in the Real Estate industry in Poland are expected to grow by 8.1%.

Performance of the Polish Real Estate industry.

The company's shares are up 9.7% from a week ago.

Risk Analysis

It's necessary to consider the ever-present spectre of investment risk. We've identified 2 warning signs with Lokum Deweloper (at least 1 which is potentially serious), and understanding them should be part of your investment process.

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