Tion Renewables Full Year 2022 Earnings: €2.37 loss per share (vs €0.021 profit in FY 2021)

Tion Renewables (ETR:TION) Full Year 2022 Results

Key Financial Results

  • Revenue: €34.1m (up 102% from FY 2021).

  • Net loss: €10.0m (down from €77.9k profit in FY 2021).

  • €2.37 loss per share (down from €0.021 profit in FY 2021).

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XTRA:TION Earnings and Revenue Growth August 1st 2023

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

Tion Renewables Earnings Insights

Looking ahead, revenue is expected to decline by 3.1% p.a. on average during the next 3 years, while revenues in the Renewable Energy industry in Germany are expected to grow by 3.0%.

Performance of the German Renewable Energy industry.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

Before we wrap up, we've discovered 1 warning sign for Tion Renewables that you should be aware of.

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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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