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Microequities Asset Management Group Full Year 2023 Earnings: EPS: AU$0.043 (vs AU$0.11 in FY 2022)

Microequities Asset Management Group (ASX:MAM) Full Year 2023 Results

Key Financial Results

  • Revenue: AU$12.4m (down 46% from FY 2022).

  • Net income: AU$5.66m (down 60% from FY 2022).

  • Profit margin: 46% (down from 61% in FY 2022). The decrease in margin was driven by lower revenue.

  • EPS: AU$0.043 (down from AU$0.11 in FY 2022).

earnings-and-revenue-history
earnings-and-revenue-history

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

Microequities Asset Management Group shares are down 1.6% from a week ago.

Risk Analysis

You still need to take note of risks, for example - Microequities Asset Management Group has 2 warning signs we think you should be aware of.

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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.