PayPoint (LON:PAY) First Half 2023 Results

Key Financial Results

• Revenue: UK£75.4m (up 7.4% from 1H 2022).

• Net income: UK£17.0m (down 16% from 1H 2022).

• Profit margin: 23% (down from 29% in 1H 2022). The decrease in margin was driven by higher expenses.

• EPS: UK£0.25 (down from UK£0.30 in 1H 2022).

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

PayPoint Earnings Insights

Looking ahead, revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 16% growth forecast for the IT industry in the United Kingdom.

Performance of the British IT industry.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

We should say that we've discovered 2 warning signs for PayPoint that you should be aware of before investing here.

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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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