Alcidion Group Full Year 2023 Earnings: Beats Expectations
Alcidion Group (ASX:ALC) Full Year 2023 Results
Key Financial Results
Revenue: AU$40.4m (up 18% from FY 2022).
Net loss: AU$3.62m (loss narrowed by 18% from FY 2022).
AU$0.003 loss per share (improved from AU$0.004 loss in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Alcidion Group Revenues and Earnings Beat Expectations
Revenue exceeded analyst estimates by 3.0%. Earnings per share (EPS) also surpassed analyst estimates by 7.9%.
Looking ahead, revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Healthcare Services industry in Australia.
Performance of the Australian Healthcare Services industry.
The company's shares are up 9.1% from a week ago.
Risk Analysis
Before we wrap up, we've discovered 1 warning sign for Alcidion Group that you should be aware of.
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