Helloworld Travel First Half 2023 Earnings: EPS: AU$0.009 (vs AU$0.098 loss in 1H 2022)
Helloworld Travel (ASX:HLO) First Half 2023 Results
Key Financial Results
Revenue: AU$71.3m (up 177% from 1H 2022).
Net income: AU$1.36m (up from AU$15.2m loss in 1H 2022).
Profit margin: 1.9% (up from net loss in 1H 2022). The move to profitability was driven by higher revenue.
EPS: AU$0.009 (up from AU$0.098 loss in 1H 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Helloworld Travel Earnings Insights
Looking ahead, revenue is forecast to grow 28% p.a. on average during the next 3 years, compared to a 8.9% growth forecast for the Hospitality industry in Australia.
Performance of the Australian Hospitality industry.
The company's shares are up 16% from a week ago.
Balance Sheet Analysis
Just as investors must consider earnings, it is also important to take into account the strength of a company's balance sheet. We have a graphic representation of Helloworld Travel's balance sheet and an in-depth analysis of the company's financial position.
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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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