Yahoo Finance Pod Point Group Holdings Full Year 2023 Earnings: Revenues Beat Expectations, EPS Lags
Pod Point Group Holdings (LON:PODP) Full Year 2023 Results
Key Financial Results
Revenue: UK£63.8m (down 11% from FY 2022).
Net loss: UK£83.4m (loss widened by 313% from FY 2022).
UK£0.54 loss per share (further deteriorated from UK£0.13 loss in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Pod Point Group Holdings Revenues Beat Expectations, EPS Falls Short
Revenue exceeded analyst estimates by 1.2%. Earnings per share (EPS) missed analyst estimates by 107%.
The primary driver behind last 12 months revenue was the UK Home segment contributing a total revenue of UK£27.0m (42% of total revenue). Notably, cost of sales worth UK£44.5m amounted to 70% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to UK£54.2m (53% of total expenses). Explore how PODP's revenue and expenses shape its earnings.
Looking ahead, revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Electrical industry in the United Kingdom.
Performance of the British Electrical industry.
The company's shares are up 3.2% from a week ago.
Risk Analysis
Be aware that Pod Point Group Holdings is showing 3 warning signs in our investment analysis that you should know about...
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