Bubs Australia (ASX:BUB) Full Year 2023 Results

Key Financial Results

• Revenue: AU$60.1m (down 33% from FY 2022).

• Net loss: AU$108.4m (loss widened by AU$97.0m from FY 2022).

• AU$0.15 loss per share (further deteriorated from AU$0.019 loss in FY 2022).

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

Bubs Australia Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 19%. Earnings per share (EPS) also missed analyst estimates by 182%.

Looking ahead, revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Food industry in Australia.

Performance of the Australian Food industry.

The company's shares are down 5.6% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 5 warning signs for Bubs Australia you should be aware of.

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