EcoRub Full Year 2023 Earnings: kr0.033 loss per share (vs kr0.038 loss in FY 2022)

EcoRub (NGM:ECO B) Full Year 2023 Results

Key Financial Results

• Revenue: kr14.6m (up 109% from FY 2022).
• Net loss: kr9.78m (loss narrowed by 14% from FY 2022).
• kr0.033 loss per share (improved from kr0.038 loss in FY 2022).

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

EcoRub shares are up 6.3% from a week ago.

Risk Analysis

It's necessary to consider the ever-present spectre of investment risk. We've identified 6 warning signs with EcoRub (at least 3 which make us uncomfortable), and understanding these should be part of your investment process.

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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.