Adrad Holdings Reports Full Year 2023 Earnings
Adrad Holdings (ASX:AHL) Full Year 2023 Results
Key Financial Results
Revenue: AU$142.8m (up 15% from FY 2022).
Net income: AU$5.60m (up 36% from FY 2022).
Profit margin: 3.9% (up from 3.3% in FY 2022). The increase in margin was driven by higher revenue.
All figures shown in the chart above are for the trailing 12 month (TTM) period
Adrad Holdings Earnings Insights
Looking ahead, revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Global Auto Components industry.
Performance of the market in Australia.
The company's shares are down 1.1% from a week ago.
Risk Analysis
You still need to take note of risks, for example - Adrad Holdings has 1 warning sign we think you should be aware of.
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