Yahoo Finance Allfunds Group Full Year 2023 Earnings: EPS Beats Expectations
Allfunds Group (AMS:ALLFG) Full Year 2023 Results
Key Financial Results
Revenue: €2.86b (up 4.2% from FY 2022).
Net income: €85.7m (up 74% from FY 2022).
Profit margin: 3.0% (up from 1.8% in FY 2022).
EPS: €0.14 (up from €0.079 in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Allfunds Group EPS Beats Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 7.9%.
The primary driver behind last 12 months revenue was the Platform segment contributing a total revenue of €2.80b (98% of total revenue). Notably, cost of sales worth €2.43b amounted to 85% of total revenue thereby underscoring the impact on earnings.Explore how ALLFG's revenue and expenses shape its earnings.
Looking ahead, revenue is expected to decline by 52% p.a. on average during the next 3 years, while revenues in the Capital Markets industry in Europe are expected to grow by 5.5%.
Performance of the market in the Netherlands.
The company's shares are down 1.6% from a week ago.
Risk Analysis
Be aware that Allfunds Group is showing 1 warning sign in our investment analysis that you should know about...
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