Martela Oyj Third Quarter 2022 Results: Revenue Exceeds Expectations

Martela Oyj (HEL:MARAS) Third Quarter 2022 Results

Main financial results

  • Revenue: €27.2m (+14% compared to 3Q 2021).
  • Net income: €2.17m (+149% compared to 3Q 2021).
  • Profit margin: 8.0% (vs. 3.7% in 3Q 2021). The increase in the margin is explained by the increase in revenues.
HLSE: MARAS Earnings and Revenue History November 6, 2022

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

Martela Oyj’s earnings disappoint

Revenue beat analysts’ estimates by 7.8%.

Shares of the company are down 7.7% from a week ago.

Risk analysis

We don’t want to rain too much on the parade, but we also found 2 warning signs for Martela Oyj (1 makes us a little uncomfortable!) which you should be aware of.

Valuation is complex, but we help make it simple.

Find out if Martela Oyj is potentially overvalued or undervalued by viewing our full analysis, which includes fair value estimates, risks and warnings, dividends, insider trading and financial health.

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