Light Science Technologies Holdings (LON:LST) has announced its full-year 2023 results, reporting positive financial performance. The company’s revenue increased by 14% from the previous fiscal year to UK£9.30m. Additionally, the net loss improved by 62% to UK£953.2k, and earnings per share showed improvement as well, 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 have risen by 10% from a week ago. While these results are positive, it’s important to note that there may be potential risks involved. The company has identified two warning signs that investors should be aware of before making any investment decisions.
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In conclusion, Light Science Technologies Holdings has shown strong financial performance in its full-year 2023 results, with revenue increasing by 14% and net loss improving by 62%. However, investors should be aware of two warning signs before making any investment decisions in this stock.
While these results are positive, it’s important to consider the potential risks involved
