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Tasty Full Year 2023 Earnings: UK£0.099 loss per share (vs UK£0.044 loss in FY 2022)

Tasty (LON:TAST) Full Year 2023 Results

Key Financial Results

  • Revenue: UK£46.9m (up 6.5% from FY 2022).

  • Net loss: UK£14.5m (loss widened by 125% from FY 2022).

  • UK£0.099 loss per share (further deteriorated from UK£0.044 loss in FY 2022).

revenue-and-expenses-breakdown
revenue-and-expenses-breakdown

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

In the last 12 months, the only revenue segment was Restaurants contributing UK£46.9m. Notably, cost of sales worth UK£44.8m amounted to 95% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to UK£14.8m (89% of total expenses). Explore how TAST's revenue and expenses shape its earnings.

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Tasty shares are down 27% from a week ago.

Risk Analysis

You should learn about the 4 warning signs we've spotted with Tasty.

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.

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