Geratherm Medical Full Year 2023 Earnings: EPS: €0.21 (vs €0.19 in FY 2022)

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Geratherm Medical (ETR:GME) Full Year 2023 Results

Key Financial Results

  • Revenue: €23.2m (down 13% from FY 2022).

  • Net income: €1.11m (up 8.6% from FY 2022).

  • Profit margin: 4.8% (up from 3.9% in FY 2022). The increase in margin was driven by lower expenses.

  • EPS: €0.21 (up from €0.19 in FY 2022).

earnings-and-revenue-history
earnings-and-revenue-history

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

Geratherm Medical Earnings Insights

Looking ahead, revenue is forecast to stay flat during the next 2 years compared to a 6.7% growth forecast for the Medical Equipment industry in Germany.

Performance of the German Medical Equipment industry.

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

Risk Analysis

Be aware that Geratherm Medical is showing 2 warning signs in our investment analysis that you should know about...

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