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W.A.G payment solutions Full Year 2023 Earnings: Misses Expectations

W.A.G payment solutions (LON:WPS) Full Year 2023 Results

Key Financial Results

  • Revenue: €2.09b (down 12% from FY 2022).

  • Net loss: €45.1m (down by 372% from €16.6m profit in FY 2022).

  • €0.066 loss per share (down from €0.024 profit 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

W.A.G payment solutions Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 7.2%. Earnings per share (EPS) was also behind analyst expectations.

Looking ahead, revenue is forecast to grow 9.6% p.a. on average during the next 3 years, compared to a 8.5% decline forecast for the Diversified Financial industry in the United Kingdom.

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Performance of the British Diversified Financial industry.

The company's shares are down 4.1% from a week ago.

Risk Analysis

You still need to take note of risks, for example - W.A.G payment solutions has 1 warning sign we think 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.