Allegro.eu Full Year 2023 Earnings: Misses Expectations

Allegro.eu (WSE:ALE) Full Year 2023 Results

Key Financial Results

• Revenue: zł10.3b (up 14% from FY 2022).
• Net income: zł284.1m (up from zł1.92b loss in FY 2022).
• Profit margin: 2.8% (up from net loss in FY 2022).
• EPS: zł0.27 (up from zł1.82 loss in FY 2022).

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

Allegro.eu Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 1.3%. Earnings per share (EPS) also missed analyst estimates by 62%.

Looking ahead, revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 8.6% growth forecast for the Multiline Retail industry in Europe.

Performance of the market in Poland.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

You still need to take note of risks, for example - Allegro.eu has 2 warning signs we think you should be aware of.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.