Yahoo Finance Wrkr Full Year 2023 Earnings: Beats Expectations
Wrkr (ASX:WRK) Full Year 2023 Results
Key Financial Results
Revenue: AU$6.58m (up 43% from FY 2022).
Net loss: AU$4.17m (loss narrowed by 4.0% from FY 2022).
AU$0.003 loss per share (improved from AU$0.004 loss in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Wrkr Revenues and Earnings Beat Expectations
Revenue exceeded analyst estimates by 7.8%. Earnings per share (EPS) also surpassed analyst estimates by 13%.
Looking ahead, revenue is forecast to grow 36% p.a. on average during the next 3 years, compared to a 14% growth forecast for the IT industry in Australia.
Performance of the Australian IT industry.
The company's shares are down 11% from a week ago.
Risk Analysis
You should learn about the 4 warning signs we've spotted with Wrkr.
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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.
