Yahoo Finance Schrole Group First Half 2023 Earnings: Misses Expectations
Schrole Group (ASX:SCL) First Half 2023 Results
Key Financial Results
Revenue: AU$2.99m (up 21% from 1H 2022).
Net loss: AU$1.26m (loss widened by 7.4% from 1H 2022).
AU$0.036 loss per share (further deteriorated from AU$0.034 loss in 1H 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Schrole Group Revenues and Earnings Miss Expectations
Revenue missed analyst estimates by 12%. Earnings per share (EPS) also missed analyst estimates by 198%.
Looking ahead, revenue is forecast to grow 26% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Software industry in Australia.
Performance of the Australian Software industry.
The company's shares are down 8.0% from a week ago.
Risk Analysis
It's necessary to consider the ever-present spectre of investment risk. We've identified 5 warning signs with Schrole Group (at least 2 which are significant), and understanding them should be part of your investment process.
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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.
