Polaris IT Group (WSE:PIT) Full Year 2022 Results
Key Financial Results
- Revenue: zł44.8m (down 63% from FY 2021).
- Net income: zł2.97m (down 65% from FY 2021).
- Profit margin: 6.6% (down from 7.1% in FY 2021). The decrease in margin was driven by lower revenue.
All figures shown in the chart above are for the trailing 12 month (TTM) period
Polaris IT Group shares are down 2.2% from a week ago.
Risk Analysis
You should always think about risks. Case in point, we've spotted 1 warning sign for Polaris IT Group 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.
About WSE:PIT
Polaris IT Group
Polaris IT Group S.A. provide hardware and software solutions for security, AI, image recognition and analysis, streaming and online education, and healthcare fields in Poland.
Excellent balance sheet low.
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