Stock Analysis
Karnov Group Full Year 2023 Earnings: EPS Beats Expectations
Karnov Group (STO:KAR) Full Year 2023 Results
Key Financial Results
- Revenue: kr2.47b (up 122% from FY 2022).
- Net income: kr38.2m (down 36% from FY 2022).
- Profit margin: 1.5% (down from 5.4% in FY 2022). The decrease in margin was driven by higher expenses.
- EPS: kr0.35 (down from kr0.56 in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Karnov Group EPS Beats Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates.
Looking ahead, revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Interactive Media and Services industry in Sweden.
Performance of the Swedish Interactive Media and Services industry.
The company's share price is broadly unchanged from a week ago.
Risk Analysis
Don't forget that there may still be risks. For instance, we've identified 2 warning signs for Karnov Group (1 is potentially serious) you should be aware of.
Valuation is complex, but we're helping make it simple.
Find out whether Karnov 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.
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About OM:KAR
Karnov Group
Karnov Group AB (publ) provides online and offline information products and services for professionals in the areas of legal, tax and accounting, environmental, and health and safety in Denmark, Norway, France, Sweden, Portugal, and Spain.
Reasonable growth potential and fair value.