P10 (NYSE:PX) Full Year 2023 Results
Key Financial Results
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Revenue: US$241.7m (up 22% from FY 2022).
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Net loss: US$7.13m (down by 124% from US$29.2m profit in FY 2022).
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US$0.061 loss per share (down from US$0.25 profit in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
P10 EPS Misses Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 200%.
Looking ahead, revenue is forecast to grow 9.0% p.a. on average during the next 2 years, compared to a 6.5% growth forecast for the Capital Markets industry in the US.
Performance of the American Capital Markets industry.
The company’s shares are down 5.9% from a week ago.
Risk Analysis
Before we wrap up, we’ve discovered 3 warning signs for P10 (1 doesn’t sit too well with us!) that you should be aware of.
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