TIE Kinetix Full Year 2022 Earnings: Misses Expectations

TIE Kinetix (AMS:TIE) Full Year 2022 Results

Key Financial Results

  • Revenue: €14.4m (down 3.4% from FY 2021).

  • Net loss: €1.67m (down by 365% from €632.0k profit in FY 2021).

  • €0.92 loss per share (down from €0.38 profit in FY 2021).

earnings-and-revenue-history
ENXTAM:TIE Earnings and Revenue History November 24th 2022

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

TIE Kinetix Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 1.7%. Earnings per share (EPS) also missed analyst estimates by 30%.

Looking ahead, revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 13% growth forecast for the IT industry in the Netherlands.

Performance of the Dutch IT industry.

The company's shares are down 4.5% from a week ago.

Risk Analysis

You should learn about the 4 warning signs we've spotted with TIE Kinetix (including 2 which are a bit concerning).

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.

Join A Paid User Research Session
You’ll receive a US$30 Amazon Gift card for 1 hour of your time while helping us build better investing tools for the individual investors like yourself. Sign up here