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Tissue Repair Full Year 2023 Earnings: AU$0.069 loss per share (vs AU$0.14 loss in FY 2022)

Tissue Repair (ASX:TRP) Full Year 2023 Results

Key Financial Results

  • Net loss: AU$4.17m (loss narrowed by 39% from FY 2022).

  • AU$0.069 loss per share (improved from AU$0.14 loss 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

Tissue Repair Earnings Insights

Looking ahead, revenue is forecast to grow 43% p.a. on average during the next 3 years, compared to a 9.2% growth forecast for the Biotechs industry in Australia.

Performance of the Australian Biotechs industry.

The company's shares are up 1.9% from a week ago.

Risk Analysis

We should say that we've discovered 2 warning signs for Tissue Repair (1 makes us a bit uncomfortable!) that you should be aware of before investing here.

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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.