G8 Education Full Year 2023 Earnings: Revenues Beat Expectations
G8 Education (ASX:GEM) Full Year 2023 Results
Key Financial Results
Revenue: AU$987.0m (up 9.5% from FY 2022).
Net income: AU$56.1m (up 53% from FY 2022).
Profit margin: 5.7% (up from 4.1% in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
G8 Education Revenues Beat Expectations
Revenue exceeded analyst estimates by 2.0%.
Looking ahead, revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 9.9% growth forecast for the Consumer Services industry in Australia.
Performance of the Australian Consumer Services industry.
The company's shares are up 12% from a week ago.
Risk Analysis
You should learn about the 2 warning signs we've spotted with G8 Education.
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