For those subscribed Simply Wall St has updated their report on AR9
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AR9
Share Price
7 Day
1 Year
0.10
-2.4%
-39.7%
Full year 2023 earnings released: AU$0.03 loss per share (vs AU$0.038 loss in FY 2022)
Full year 2023 results:
AU$0.03 loss per share (improved from AU$0.038 loss in FY 2022).
Revenue: AU$6.37m (up 37% from FY 2022).
Net loss: AU$8.24m (loss narrowed 13% from FY 2022).
Revenue is forecast to grow 28% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Software industry in Australia.
Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has fallen by 41% per year, which means it is performing significantly worse than earnings.
