Comms Group Full Year 2023 Earnings: AU$0.001 loss per share (vs AU$0.002 loss in FY 2022)

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Comms Group (ASX:CCG) Full Year 2023 Results

Key Financial Results

  • Revenue: AU$54.6m (up 32% from FY 2022).

  • Net loss: AU$577.7k (loss narrowed by 15% from FY 2022).

  • AU$0.001 loss per share (improved from AU$0.002 loss 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

Comms Group Earnings Insights

Looking ahead, revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Telecom industry in Australia.

Performance of the Australian Telecom industry.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

We should say that we've discovered 1 warning sign for Comms Group that you should be aware of before investing here.

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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.

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