Yahoo Finance Mullen Group Reports Full Year 2022 Earnings
Mullen Group (TSE:MTL) Full Year 2022 Results
Key Financial Results
Revenue: CA$2.00b (up 35% from FY 2021).
Net income: CA$158.6m (up 119% from FY 2021).
Profit margin: 7.9% (up from 4.9% in FY 2021).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Mullen Group Earnings Insights
Looking ahead, revenue is forecast to stay flat during the next 2 years compared to a 5.9% growth forecast for the Transportation industry in North America.
Performance of the market in Canada.
The company's shares are down 2.6% from a week ago.
Risk Analysis
We should say that we've discovered 5 warning signs for Mullen Group (1 is potentially serious!) 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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