mDR Full Year 2023 Earnings: S$0.049 loss per share (vs S$0.011 profit in FY 2022)

mDR (SGX:Y3D) Full Year 2023 Results

Key Financial Results

• Revenue: S$215.6m (up 23% from FY 2022).

• Net loss: S$42.5m (down from S$9.22m profit in FY 2022).

• S$0.049 loss per share (down from S$0.011 profit in FY 2022).

revenue-and-expenses-breakdown

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

The primary driver behind last 12 months revenue was the Distribution Management Solutions (DMS) segment contributing a total revenue of S$173.7m (81% of total revenue). Notably, cost of sales worth S$183.2m amounted to 85% of total revenue thereby underscoring the impact on earnings. The most substantial expense, totaling S$47.4m were related to Non-Operating costs. This indicates that a significant portion of the company's costs is related to non-core activities. Explore how Y3D's revenue and expenses shape its earnings.

mDR shares are down 4.0% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 3 warning signs for mDR you should be aware of, and 1 of them can't be ignored.

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