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Brockhaus Technologies Full Year 2023 Earnings: Revenues Beat Expectations, EPS Lags

Brockhaus Technologies (ETR:BKHT) Full Year 2023 Results

Key Financial Results

  • Revenue: €187.6m (up 31% from FY 2022).

  • Net loss: €3.34m (down by 427% from €1.02m profit in FY 2022).

  • €0.31 loss per share (down from €0.094 profit in FY 2022).

earnings-and-revenue-growth
earnings-and-revenue-growth

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

Brockhaus Technologies Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 3.9%. Earnings per share (EPS) missed analyst estimates.

Looking ahead, revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Electronic industry in Germany.

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Performance of the German Electronic industry.

The company's share price is broadly unchanged from a week ago.

Balance Sheet Analysis

While earnings are important, another area to consider is the balance sheet. We have a graphic representation of Brockhaus Technologies' balance sheet and an in-depth analysis of the company's financial position.

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.