NFON (ETR:NFN) 2023 full year results
Main financial results
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Revenue: 83.3 million euros (3.1% increase compared to 2022).
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Net loss: 802.0 thousand euros (loss reduced by 95% from 2022).
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Loss of €0.05 per share (improved from loss of €0.94 in 2022).
All numbers shown in the chart above are for the trailing 12 month (TTM) period.
NFON's sales and profits fall below expectations
Sales were 2.0% lower than analysts expected. Earnings per share (EPS) were also lower than analysts expected.
Looking ahead, revenues are expected to grow by an average of 9.0% over the next three years, compared to a growth forecast of 1.6% for the German telecommunications industry.
performance of German telecommunications industry.
The company's stock price is up 13% from a week ago.
balance sheet analysis
Although considering the income statement is very important, you can also learn a lot about a company by looking at the balance sheet. As a result of some analysis, we found that See our take on NFON's balance sheet.
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