Stock Analysis

Abits Group Full Year 2023 Earnings: US$0.35 loss per share (vs US$0.66 loss in FY 2022)

NasdaqCM:ABTS
Source: Shutterstock

Abits Group (NASDAQ:ABTS) Full Year 2023 Results

Key Financial Results

  • Revenue: US$1.68m (up by US$1.52m from FY 2022).
  • Net loss: US$12.6m (loss narrowed by 44% from FY 2022).
  • US$0.35 loss per share (improved from US$0.66 loss in FY 2022).
earnings-and-revenue-history
NasdaqCM:ABTS Earnings and Revenue History May 3rd 2024

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

Abits Group shares are down 3.3% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 5 warning signs for Abits Group (of which 2 are significant!) you should know about.

Valuation is complex, but we're helping make it simple.

Find out whether Abits 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.

View the Free Analysis

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

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.