Real Good Food Full Year 2023 Earnings: UK£0.09 loss per share (vs UK£0.21 loss in FY 2022)
Real Good Food (LON:RGD) Full Year 2023 Results
Key Financial Results
Revenue: UK£32.4m (down 20% from FY 2022).
Net loss: UK£9.00m (loss narrowed by 58% from FY 2022).
UK£0.09 loss per share (improved from UK£0.21 loss in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
The primary driver behind last 12 months revenue was the Cake Decoration segment contributing a total revenue of UK£33.8m (104% of total revenue). Notably, cost of sales worth UK£21.6m amounted to 67% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to UK£13.2m (66% of total expenses). Explore how RGD's revenue and expenses shape its earnings.
Real Good Food's share price is broadly unchanged from a week ago.
Risk Analysis
We should say that we've discovered 3 warning signs for Real Good Food that you should be aware of before investing here.
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