Tesserent First Half 2023 Earnings: AU$0.001 loss per share (vs AU$0.003 loss in 1H 2022)
Tesserent (ASX:TNT) First Half 2023 Results
Key Financial Results
Revenue: AU$62.1m (up 42% from 1H 2022).
Net loss: AU$1.08m (loss narrowed by 67% from 1H 2022).
AU$0.001 loss per share (improved from AU$0.003 loss in 1H 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Tesserent Earnings Insights
Looking ahead, revenue is forecast to grow 9.9% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Software industry in Australia.
Performance of the Australian Software industry.
The company's shares are up 2.4% from a week ago.
Risk Analysis
Be aware that Tesserent is showing 2 warning signs in our investment analysis that 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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