Ecosuntek reports profits for the full year 2023

Ecosuntek (BIT:ECK) full-year 2023 results

Key financial results

• Revenue: €496.8 million (down 45% compared to fiscal year 2022).
• Net profit: EUR 1.96 million (down 62% compared to 2022).
• Profit margin: 0.4% (down from 0.6% in 2022). The decline in margin resulted from lower revenues.

All data shown in the chart above is for a 12-month (TTM) period.

Ecosuntek shares are down 5.4% from a week ago.

Risk assessment

However, it is worth noting that we found it 5 warning signs for Ecosuntek (2 should not be ignored!) that should be taken into account.

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