Notion VTec Berhad Full Year 2023 Earnings: RM0.087 loss per share (vs RM0.018 profit in FY 2022)

Notion VTec Berhad (KLSE:NOTION) Full Year 2023 Results

Key Financial Results

  • Revenue: RM345.3m (up 3.3% from FY 2022).

  • Net loss: RM45.0m (down from RM9.38m profit in FY 2022).

  • RM0.087 loss per share (down from RM0.018 profit in FY 2022).

revenue-and-expenses-breakdown
revenue-and-expenses-breakdown

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 Precision Engineering segment contributing a total revenue of RM338.4m (98% of total revenue). Notably, cost of sales worth RM317.8m amounted to 92% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to RM72.1m (91% of total expenses). Over the last 12 months, the company's earnings were enhanced by non-operating gains of RM7.21m. Explore how NOTION's revenue and expenses shape its earnings.

Notion VTec Berhad's share price is broadly unchanged from a week ago.

Risk Analysis

Before you take the next step you should know about the 2 warning signs for Notion VTec Berhad (1 is significant!) that we have uncovered.

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