Bango Full Year 2022 Earnings: EPS Beats Expectations, Revenues Lag

In This Article:

Bango (LON:BGO) Full Year 2022 Results

Key Financial Results

  • Revenue: US$28.5m (up 38% from FY 2021).

  • Net loss: US$2.14m (down from US$442.0k profit in FY 2021).

  • US$0.028 loss per share (down from US$0.006 profit in FY 2021).

earnings-and-revenue-growth
AIM:BGO Earnings and Revenue Growth April 5th 2023

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

Bango EPS Beats Expectations, Revenues Fall Short

Revenue missed analyst estimates by 13%. Earnings per share (EPS) exceeded analyst estimates by 92%.

Looking ahead, revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 9.2% growth forecast for the Software industry in the United Kingdom.

Performance of the British Software industry.

The company's shares are down 5.8% from a week ago.

Risk Analysis

It's still necessary to consider the ever-present spectre of investment risk. We've identified 1 warning sign with Bango, and understanding this should be part of your investment process.

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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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