Seeka Full Year 2023 Earnings: NZ$0.34 loss per share (vs NZ$0.16 profit in FY 2022)

In This Article:

Seeka (NZSE:SEK) Full Year 2023 Results

Key Financial Results

  • Revenue: NZ$300.9m (down 14% from FY 2022).

  • Net loss: NZ$14.5m (down by 322% from NZ$6.50m profit in FY 2022).

  • NZ$0.34 loss per share (down from NZ$0.16 profit 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

Seeka Earnings Insights

Looking ahead, revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Food industry in New Zealand.

Performance of the New Zealander Food industry.

The company's shares are up 7.5% from a week ago.

Risk Analysis

You still need to take note of risks, for example - Seeka has 3 warning signs (and 2 which shouldn't be ignored) we think you should know about.

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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.