MGI Digital Technology Association (EPA:ALMDG) Full Year 2023 Results
Main financial results
- Revenue: 56.1 million euros (3.5% increase compared to 2022).
- Net profit: 8.19 million euros (12% increase compared to 2022).
- Profit margin: 15% (up from 13% in FY2022). The increase in margin was driven by an increase in revenue.
- EPS: €1.33 (up from €1.18 in 2022).
All numbers shown in the chart above are for the trailing 12 month (TTM) period.
MGI Digital Technology Société Anonyme EPS exceeds expectations
Sales were in line with analyst forecasts. Earnings per share (EPS) exceeded analyst estimates by 26%.
Looking ahead, revenues are expected to grow by an average of 7.8% over the next two years, compared to a growth forecast of 5.6% for the French technology industry.
performance of French tech industry.
The company’s stock price has increased 18% from a week ago.
balance sheet analysis
While earnings are important, another area to consider is the balance sheet. As a result of some analysis, we found that See our view on MGI Digital Technology Société Anonyme’s balance sheet.
Valuation is complex, but we help make it simple.
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