Stock Analysis

RugVista Group Full Year 2023 Earnings: Revenues Beat Expectations, EPS Lags

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OM:RUG
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RugVista Group (STO:RUG) Full Year 2023 Results

Key Financial Results

  • Revenue: kr704.7m (up 10% from FY 2022).
  • Net income: kr70.0m (up 19% from FY 2022).
  • Profit margin: 9.9% (in line with FY 2022).
  • EPS: kr3.37 (up from kr2.83 in FY 2022).
earnings-and-revenue-growth
OM:RUG Earnings and Revenue Growth February 9th 2024

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

RugVista Group Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 1.9%. Earnings per share (EPS) missed analyst estimates by 3.4%.

Looking ahead, revenue is forecast to grow 8.3% p.a. on average during the next 2 years, compared to a 3.5% growth forecast for the Specialty Retail industry in Sweden.

Performance of the Swedish Specialty Retail industry.

The company's shares are down 9.3% from a week ago.

Risk Analysis

We should say that we've discovered 1 warning sign for RugVista Group that you should be aware of before investing here.

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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.