Featured Sarcos Technology and Robotics Third Quarter 2022 Earnings: Misses Expectations

Published on November 20th, 2022 📆 | 8025 Views ⚑

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RM0.033 (vs RM0.032 in 1Q 2022)


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Kobay Technology Bhd (KLSE:KOBAY) First Quarter 2023 Results

Key Financial Results

  • Revenue: RM89.4m (up 35% from 1Q 2022).

  • Net income: RM10.5m (up 8.2% from 1Q 2022).

  • Profit margin: 12% (down from 15% in 1Q 2022). The decrease in margin was driven by higher expenses.

  • EPS: RM0.033 (up from RM0.032 in 1Q 2022).

earnings-and-revenue-growth

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

Kobay Technology Bhd Earnings Insights

Looking ahead, revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Machinery industry in Malaysia.

Performance of the Malaysian Machinery industry.

The company's shares are down 7.0% from a week ago.

Risk Analysis

Before you take the next step you should know about the 2 warning signs for Kobay Technology Bhd (1 can't be ignored!) that we have uncovered.

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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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