Elixinol Wellness First Half 2023 Earnings: AU$0.009 loss per share (vs AU$0.023 loss in 1H 2022)
Elixinol Wellness (ASX:EXL) First Half 2023 Results
Key Financial Results
Revenue: AU$3.46m (up 7.4% from 1H 2022).
Net loss: AU$3.40m (loss narrowed by 52% from 1H 2022).
AU$0.009 loss per share (improved from AU$0.023 loss in 1H 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Elixinol Wellness Earnings Insights
Looking ahead, revenue is forecast to grow 39% p.a. on average during the next 2 years, compared to a 8.3% growth forecast for the Personal Products industry in Oceania.
Performance of the market in Australia.
The company's shares are down 18% from a week ago.
Risk Analysis
We don't want to rain on the parade too much, but we did also find 6 warning signs for Elixinol Wellness (4 shouldn't be ignored!) that you need to be mindful of.
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