Atlantic Navigation Holdings (Singapore) (Catalist:5UL) Full Year 2023 Results

Key Financial Results

• Revenue: US$91.0m (up 40% from FY 2022).

• Net income: US$18.1m (up 62% from FY 2022).

• Profit margin: 20% (up from 17% in FY 2022). The increase in margin was driven by higher revenue.

• EPS: US$0.035 (up from US$0.021 in FY 2022).

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

The primary driver behind last 12 months revenue was the Marine Logistics Services (MLS) segment contributing a total revenue of US$88.8m (98% of total revenue). Notably, cost of sales worth US$59.0m amounted to 65% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to US$8.84m (64% of total expenses). Explore how 5UL's revenue and expenses shape its earnings.

Atlantic Navigation Holdings (Singapore) shares are up 7.9% from a week ago.

Risk Analysis

It is worth noting though that we have found 2 warning signs for Atlantic Navigation Holdings (Singapore) that you need to take into consideration.

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