MYCELX Technologies Full Year 2022 Earnings: US$0.18 loss per share (vs US$0.073 loss in FY 2021)

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MYCELX Technologies (LON:MYX) Full Year 2022 Results

Key Financial Results

  • Revenue: US$10.0m (up 18% from FY 2021).

  • Net loss: US$3.99m (loss widened by 180% from FY 2021).

  • US$0.18 loss per share (further deteriorated from US$0.073 loss in FY 2021).

earnings-and-revenue-history
earnings-and-revenue-history

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

MYCELX Technologies Earnings Insights

Looking ahead, revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the Commercial Services industry in the United Kingdom.

Performance of the British Commercial Services industry.

The company's shares are down 1.5% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 3 warning signs for MYCELX Technologies you should know about.

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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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