Alphawave IP Group Full Year 2022 Earnings: Revenues Beat Expectations, EPS Lags
Alphawave IP Group (LON:AWE) Full Year 2022 Results
Key Financial Results
Revenue: US$192.4m (up 114% from FY 2021).
Net income: US$6.48m (down 31% from FY 2021).
Profit margin: 3.4% (down from 11% in FY 2021).
EPS: US$0.01 (down from US$0.015 in FY 2021).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Alphawave IP Group Revenues Beat Expectations, EPS Falls Short
Revenue exceeded analyst estimates by 20%. Earnings per share (EPS) missed analyst estimates by 87%.
Looking ahead, revenue is forecast to grow 35% p.a. on average during the next 2 years, compared to a 25% growth forecast for the Semiconductor industry in the United Kingdom.
Performance of the British Semiconductor industry.
The company's shares are down 14% from a week ago.
Risk Analysis
Before you take the next step you should know about the 3 warning signs for Alphawave IP Group that we have uncovered.
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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.
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