Yahoo Finance Microba Life Sciences Full Year 2023 Earnings: Beats Expectations
Microba Life Sciences (ASX:MAP) Full Year 2023 Results
Key Financial Results
Revenue: AU$5.42m (up 16% from FY 2022).
Net loss: AU$12.7m (loss widened by 11% from FY 2022).
AU$0.04 loss per share.
All figures shown in the chart above are for the trailing 12 month (TTM) period
Microba Life Sciences Revenues and Earnings Beat Expectations
Revenue exceeded analyst estimates by 9.5%. Earnings per share (EPS) also surpassed analyst estimates by 9.4%.
Looking ahead, revenue is forecast to grow 51% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Healthcare industry in Australia.
Performance of the Australian Healthcare industry.
The company's share price is broadly unchanged from a week ago.
Risk Analysis
Before we wrap up, we've discovered 4 warning signs for Microba Life Sciences that you should be aware of.
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