Concurrent Technologies (LON:CNC) Full Year 2023 Results
Key Financial Results
- Revenue: UK£31.7m (up 73% from FY 2022).
- Net income: UK£3.87m (up 292% from FY 2022).
- Profit margin: 12% (up from 5.4% in FY 2022). The increase in margin was driven by higher revenue.
- EPS: UK£0.05 (up from UK£0.013 in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Concurrent Technologies Earnings Insights
Looking ahead, revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Tech industry in Europe.
Performance of the market in the United Kingdom.
The company’s shares are up 8.5% from a week ago.
Risk Analysis
What about risks? Every company has them, and we’ve spotted 1 warning sign for Concurrent Technologies you should know about.
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Find out whether Concurrent Technologies is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.
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