Aquis Exchange Full Year 2023 Earnings: Revenues Beat Expectations, EPS Lags

[email protected] (Simply Wall St)
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Aquis Exchange (LON:AQX) Full Year 2023 Results

Key Financial Results

  • Revenue: UK￡23.7m (up 19% from FY 2022).

  • Net income: UK￡5.20m (up 11% from FY 2022).

  • Profit margin: 22% (down from 24% in FY 2022). The decrease in margin was driven by higher expenses.

  • EPS: UK￡0.19 (up from UK￡0.17 in FY 2022).

earnings-and-revenue-growth
earnings-and-revenue-growth

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

Aquis Exchange Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 3.6%. Earnings per share (EPS) missed analyst estimates by 12%.

Looking ahead, revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the Capital Markets industry in the United Kingdom.

Performance of the British Capital Markets industry.

The company's shares are up 9.7% from a week ago.

Risk Analysis

We should say that we've discovered 1 warning sign for Aquis Exchange that you should be aware of before investing here.

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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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