Seera Holding Group Full Year 2023 Earnings: Beats Expectations

Seera Holding Group (TADAWUL:1810) Full Year 2023 Results

Key Financial Results

• Revenue: ر.س3.29b (up 45% from FY 2022).
• Net income: ر.س256.7m (up from ر.س47.7m loss in FY 2022).
• Profit margin: 7.8% (up from net loss in FY 2022).
• EPS: ر.س0.87 (up from ر.س0.16 loss in FY 2022).

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

Seera Holding Group Revenues and Earnings Beat Expectations

Revenue exceeded analyst estimates by 6.7%. Earnings per share (EPS) also surpassed analyst estimates by 36%.

Looking ahead, revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Hospitality industry in Saudi Arabia.

Performance of the Saudi Hospitality industry.

The company's shares are up 2.2% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 2 warning signs for Seera Holding Group you should be aware of, and 1 of them is a bit concerning.

Valuation is complex, but we're helping make it simple.

Find out whether Seera Holding Group is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.

View the Free Analysis

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

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.