SenseTime Group (HKG:20) Full Year 2023 Results

Key Financial Results

• Revenue: CN¥3.41b (down 11% from FY 2022).
• Net loss: CN¥6.44b (loss widened by 6.5% from FY 2022).

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

SenseTime Group Revenues Disappoint

Revenue missed analyst estimates by 20%.

Looking ahead, revenue is forecast to grow 29% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Software industry in Hong Kong.

Performance of the Hong Kong Software industry.

The company's shares are down 15% from a week ago.

Risk Analysis

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

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