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Avation First Half 2023 Earnings: EPS: US$0.12 (vs US$0.22 loss in 1H 2022)

Avation (LON:AVAP) First Half 2023 Results

Key Financial Results

  • Net income: US$8.33m (up from US$15.3m loss in 1H 2022).

  • EPS: US$0.12 (up from US$0.22 loss in 1H 2022).

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

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

Avation Earnings Insights

Looking ahead, revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Trade Distributors industry in the United Kingdom.

Performance of the British Trade Distributors industry.

The company's shares are up 6.0% from a week ago.

Risk Analysis

You should learn about the 5 warning signs we've spotted with Avation (including 3 which don't sit too well with us).

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Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

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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