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clearvise Full Year 2023 Earnings: EPS: €0.091 (vs €0.15 in FY 2022)

clearvise (ETR:ABO) Full Year 2023 Results

Key Financial Results

  • Revenue: €51.5m (down 20% from FY 2022).

  • Net income: €6.84m (down 41% from FY 2022).

  • Profit margin: 13% (down from 18% in FY 2022). The decrease in margin was driven by lower revenue.

  • EPS: €0.091 (down from €0.15 in FY 2022).

earnings-and-revenue-growth
earnings-and-revenue-growth

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

clearvise Earnings Insights

Looking ahead, revenue is forecast to grow 6.7% p.a. on average during the next 3 years, while revenues in the Renewable Energy industry in Germany are expected to remain flat.

Performance of the German Renewable Energy industry.

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The company's share price is broadly unchanged from a week ago.

Risk Analysis

Before we wrap up, we've discovered 1 warning sign for clearvise that you should be aware of.

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.