MGI Digital Technology Association (EPA:ALMDG) Full Year 2023 Results

Main financial results

  • Revenue: 56.1 million euros (3.5% increase compared to 2022).
  • Net profit: 8.19 million euros (12% increase compared to 2022).
  • Profit margin: 15% (up from 13% in FY2022). The increase in margin was driven by an increase in revenue.
  • EPS: €1.33 (up from €1.18 in 2022).
Earnings and revenue history
ENXTPA:ALMDG Earnings and Revenue History April 6, 2024

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

MGI Digital Technology Société Anonyme EPS exceeds expectations

Sales were in line with analyst forecasts. Earnings per share (EPS) exceeded analyst estimates by 26%.

Looking ahead, revenues are expected to grow by an average of 7.8% over the next two years, compared to a growth forecast of 5.6% for the French technology industry.

performance of French tech industry.

The company's stock price is up 18% from a week ago.

balance sheet analysis

While earnings are important, another area to consider is the balance sheet. As a result of some analysis, we found that See our view on MGI Digital Technology Société Anonyme's balance sheet.

Valuation is complex, but we help make it simple.

Please check it out MGI Digital Technology Societe Anonymous Could be overvalued or undervalued, check out our comprehensive analysis. Fair value estimates, risks and caveats, dividends, insider trading, and financial health.

See free analysis

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