edyoutec Full Year 2023 Earnings: Beats Expectations

edyoutec (NGM:EDYOU) Full Year 2023 Results

Key Financial Results

• Revenue: kr36.5m (up 79% from FY 2022).
• Net loss: kr20.0m (loss widened by 29% from FY 2022).
• kr0.61 loss per share.

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

edyoutec Revenues and Earnings Beat Expectations

Revenue exceeded analyst estimates by 4.2%. Earnings per share (EPS) also surpassed analyst estimates by 49%.

Looking ahead, revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Entertainment industry in Sweden.

Performance of the Swedish Entertainment industry.

The company's shares are up 9.5% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 5 warning signs for edyoutec (of which 3 are a bit unpleasant!) you should know about.

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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.