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EDU Holdings First Half 2023 Earnings: AU$0.008 loss per share (vs AU$0.017 loss in 1H 2022)

EDU Holdings (ASX:EDU) First Half 2023 Results

Key Financial Results

  • Revenue: AU$10.1m (up 14% from 1H 2022).

  • Net loss: AU$1.39m (loss narrowed by 35% from 1H 2022).

  • AU$0.008 loss per share (improved from AU$0.017 loss in 1H 2022).

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

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

EDU Holdings Earnings Insights

Looking ahead, revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Consumer Services industry in Australia.

Performance of the Australian Consumer Services industry.

The company's shares are up 6.7% from a week ago.

Risk Analysis

Before you take the next step you should know about the 3 warning signs for EDU Holdings (1 can't be ignored!) that we have uncovered.

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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.