Shares

US$0.069 loss per share (vs US$0.06 loss in FY 2022)

Next Science (ASX:NXS) Full Year 2023 Results

Key Financial Results

  • Revenue: US$22.2m (up 89% from FY 2022).

  • Net loss: US$16.3m (loss widened by 28% from FY 2022).

  • US$0.069 loss per share (further deteriorated from US$0.06 loss in FY 2022).

earnings-and-revenue-growthearnings-and-revenue-growth

earnings-and-revenue-growth

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

Next Science Earnings Insights

Looking ahead, revenue is forecast to grow 26% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Medical Equipment industry in Australia.

Performance of the Australian Medical Equipment industry.

The company’s shares are up 2.9% from a week ago.

Risk Analysis

We should say that we’ve discovered 5 warning signs for Next Science (1 is potentially serious!) that you should be aware of before investing here.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

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.

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