Allfunds Group (AMS:ALLFG) Full Year 2023 Results

Key Financial Results

• Revenue: €2.86b (up 4.2% from FY 2022).

• Net income: €85.7m (up 74% from FY 2022).

• Profit margin: 3.0% (up from 1.8% in FY 2022).

• EPS: €0.14 (up from €0.079 in FY 2022).

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

Allfunds Group EPS Beats Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 7.9%.

The primary driver behind last 12 months revenue was the Platform segment contributing a total revenue of €2.80b (98% of total revenue). Notably, cost of sales worth €2.43b amounted to 85% of total revenue thereby underscoring the impact on earnings.Explore how ALLFG's revenue and expenses shape its earnings.

Looking ahead, revenue is expected to decline by 52% p.a. on average during the next 3 years, while revenues in the Capital Markets industry in Europe are expected to grow by 5.5%.

Performance of the market in the Netherlands.

The company's shares are down 1.6% from a week ago.

Risk Analysis

Be aware that Allfunds Group is showing 1 warning sign in our investment analysis that you should know about...

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

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.