LARK Distilling First Half 2023 Earnings: AU$0.019 loss per share (vs AU$0.001 profit in 1H 2022)

Simply Wall St
·1 min read

LARK Distilling (ASX:LRK) First Half 2023 Results

Key Financial Results

  • Revenue: AU$11.4m (down 12% from 1H 2022).

  • Net loss: AU$1.46m (down from AU$73.8k profit in 1H 2022).

  • AU$0.019 loss per share (down from AU$0.001 profit in 1H 2022).

earnings-and-revenue-history
earnings-and-revenue-history

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

LARK Distilling Earnings Insights

Looking ahead, revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Beverage industry in Oceania.

Performance of the market in Australia.

The company's shares are down 7.9% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 1 warning sign for LARK Distilling that you should be aware of.

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