Prosus First Half 2023 Earnings: EPS: US$1.67 (vs US$10.01 in 1H 2022)

Prosus (AMS:PRX) First Half 2023 Results

Key Financial Results

  • Revenue: US$3.24b (up 18% from 1H 2022).

  • Net income: US$2.35b (down 85% from 1H 2022).

  • Profit margin: 72%.

  • EPS: US$1.67 (down from US$10.01 in 1H 2022).

earnings-and-revenue-growth
earnings-and-revenue-growth

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

Prosus Earnings Insights

Looking ahead, revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Online Retail industry in Europe.

Performance of the market in the Netherlands.

The company's shares are down 1.5% from a week ago.

Risk Analysis

It is worth noting though that we have found 2 warning signs for Prosus (1 is a bit unpleasant!) that you need to take into consideration.

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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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