Haypp Group Full Year 2023 Earnings: EPS Misses Expectations

Haypp Group (STO:HAYPP) Full Year 2023 Results

Key Financial Results

• Revenue: kr3.19b (up 22% from FY 2022).
• Net income: kr5.04m (down 75% from FY 2022).
• Profit margin: 0.2% (down from 0.8% in FY 2022). The decrease in margin was driven by higher expenses.
• EPS: kr0.17 (down from kr0.69 in FY 2022).

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

Haypp Group EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 90%.

Looking ahead, revenue is forecast to grow 16% p.a. on average during the next 2 years, compared to a 4.2% growth forecast for the Specialty Retail industry in Sweden.

Performance of the Swedish Specialty Retail industry.

The company's shares are up 9.4% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 2 warning signs for Haypp 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.