Yahoo Finance Xaar First Half 2023 Earnings: UK£0.017 loss per share (vs UK£0.009 profit in 1H 2022)
Xaar (LON:XAR) First Half 2023 Results
Key Financial Results
Revenue: UK£34.5m (down 5.7% from 1H 2022).
Net loss: UK£1.35m (down by 296% from UK£689.0k profit in 1H 2022).
UK£0.017 loss per share (down from UK£0.009 profit in 1H 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Xaar Earnings Insights
Looking ahead, revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Tech industry in Europe.
Performance of the market in the United Kingdom.
The company's shares are down 9.5% from a week ago.
Balance Sheet Analysis
While earnings are important, another area to consider is the balance sheet. See our latest analysis on Xaar's balance sheet health.
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