Link Administration Holdings (ASX:LNK) Full Year 2023 Results

Key Financial Results

Revenue: AU$1.23b (up 4.5% from FY 2022). Net loss: AU$417.7m (loss widened by AU$349.8m from FY 2022). AU$0.82 loss per share (further deteriorated from AU$0.13 loss in FY 2022). earnings-and-revenue-growth

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

Link Administration Holdings EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates significantly.

Looking ahead, revenue is expected to decline by 3.2% p.a. on average during the next 3 years, while revenues in the Professional Services industry in Australia are expected to grow by 4.1%.

Performance of the Australian Professional Services industry.

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

Risk Analysis

We should say that we've discovered 1 warning sign for Link Administration Holdings that you should be aware of before investing here.

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.