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Social Chain First Half 2023 Earnings: €8.94 loss per share (vs €2.92 loss in 1H 2022)

Social Chain (ETR:PU11) First Half 2023 Results

Key Financial Results

  • Revenue: €121.6m (down 43% from 1H 2022).

  • Net loss: €139.7m (loss widened by 208% from 1H 2022).

  • €8.94 loss per share (further deteriorated from €2.92 loss in 1H 2022).

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

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

Social Chain Earnings Insights

Looking ahead, revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 9.8% growth forecast for the Interactive Media and Services industry in Europe.

Performance of the market in Germany.

The company's shares are down 27% from a week ago.

Risk Analysis

Be aware that Social Chain is showing 5 warning signs in our investment analysis and 3 of those are significant...

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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.