JTC (LON:JTC) Full Year 2023 Results

Key Financial Results

• Revenue: UK￡257.4m (up 29% from FY 2022).

• Net income: UK￡21.8m (down 37% from FY 2022).

• Profit margin: 8.5% (down from 17% in FY 2022). The decrease in margin was driven by higher expenses.

• EPS: UK￡0.14 (down from UK￡0.24 in FY 2022).

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

JTC Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 1.3%. Earnings per share (EPS) missed analyst estimates by 43%.

Looking ahead, revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Capital Markets industry in the United Kingdom.

Performance of the British Capital Markets industry.

The company's shares are down 4.5% from a week ago.

Risk Analysis

You should learn about the 2 warning signs we've spotted with JTC.

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