INSPECS Group (LON:SPEC) First Half 2023 Results
Key Financial Results
Revenue: UK£111.2m (up 1.6% from 1H 2022).
Net income: UK£2.08m (up from UK£2.20m loss in 1H 2022).
Profit margin: 1.9% (up from net loss in 1H 2022).
EPS: UK£0.02 (up from UK£0.022 loss in 1H 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
INSPECS Group Earnings Insights
Looking ahead, revenue is expected to decline by 1.4% p.a. on average during the next 3 years, while revenues in the Medical Equipment industry in the United Kingdom are expected to grow by 6.3%.
The company's shares are up 5.0% from a week ago.
Balance Sheet Analysis
While earnings are important, another area to consider is the balance sheet. We've done some analysis and you can see our take on INSPECS Group's balance sheet.
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