Categories: Science

Decrease in Loss per Share to UK£0.004 from UK£0.015 in FY 2022

Light Science Technologies Holdings (LON:LST) has released its full-year 2023 results, showing positive financial performance. The company reported revenue of UK£9.30m, which is a 14% increase from the previous fiscal year. The net loss also improved, narrowing by 62% to UK£953.2k. Earnings per share also showed improvement, with a loss of UK£0.004 per share compared to UK£0.015 in FY 2022.

Looking at the trailing 12-month period, Light Science Technologies Holdings shares are up by 10% from a week ago. While these results are positive, it’s important to consider the potential risks involved. The company has identified 2 warning signs that investors should be aware of.

If you have any feedback on this article or are concerned about the content provided, you can get in touch with the team directly or email editorial-team@simplywallst.com. It’s essential to note that the information presented is general in nature and is based on historical data and analyst forecasts. The articles are not intended to serve as financial advice and do not recommend buying or selling any particular stock without considering your own objectives and financial situation. The analysis provided by Simply Wall St focuses on fundamental data and may not account for the latest company announcements or qualitative information. Simply Wall St does not hold any positions in the stocks mentioned.

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