Silverlake Axis Full Year 2022 Earnings: Revenues Beat Expectations, EPS In Line

Silverlake Axis (SGX:5CP) Full Year 2022 Results

Key Financial Results

• Revenue: RM736.5m (up 18% from FY 2021).
• Net income: RM182.2m (up 27% from FY 2021).
• Profit margin: 25% (up from 23% in FY 2021).
  • The increase in margin was driven by higher revenue.
• EPS: RM0.068 (up from RM0.055 in FY 2021).

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

Silverlake Axis Revenues Beat Expectations

Revenue exceeded analyst estimates by 4.9%. Earnings per share (EPS) was mostly in line with analyst estimates.

Looking ahead, revenue is forecast to grow 6.8% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Software industry in Asia.

Performance of the market in Singapore.

The company's shares are up 1.6% from a week ago.

Balance Sheet Analysis

Just as investors must consider earnings, it is also important to take into account the strength of a company's balance sheet. We've done some analysis and you can see our take on Silverlake Axis' balance sheet.

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