Yahoo Finance Marlowe Full Year 2023 Earnings: Misses Expectations
Marlowe (LON:MRL) Full Year 2023 Results
Key Financial Results
Revenue: UK£465.7m (up 47% from FY 2022).
Net loss: UK£3.80m (down from UK£700.0k profit in FY 2022).
UK£0.04 loss per share (down from UK£0.009 profit in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Marlowe Revenues and Earnings Miss Expectations
Revenue missed analyst estimates by 1.8%. Earnings per share (EPS) was also behind analyst expectations.
Looking ahead, revenue is forecast to grow 8.7% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Professional Services industry in the United Kingdom.
Performance of the British Professional Services industry.
The company's shares are down 6.4% from a week ago.
Balance Sheet Analysis
Just as investors must consider earnings, it is also important to take into account the strength of a company's balance sheet. We have a graphic representation of Marlowe's balance sheet and an in-depth analysis of the company's financial position.
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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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