Maxim Power Full Year 2023 Earnings: EPS: CA$0.56 (vs CA$0.84 in FY 2022)

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Maxim Power (TSE:MXG) Full Year 2023 Results

Key Financial Results

  • Revenue: CA$44.5m (down 69% from FY 2022).

  • Net income: CA$28.3m (down 33% from FY 2022).

  • Profit margin: 64% (up from 30% in FY 2022). The increase in margin was driven by lower expenses.

  • EPS: CA$0.56 (down from CA$0.84 in FY 2022).

earnings-and-revenue-history
TSX:MXG Earnings and Revenue History March 16th 2024

All figures shown in the chart above are for the trailing 12 month (TTM) period

Maxim Power shares are up 3.0% from a week ago.

Balance Sheet Analysis

While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. See our latest analysis on Maxim Power's balance sheet health.

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