WALLBOX NV Reports Record Fourth Quarter Earnings for Financial Year 2022
March 19, 2023
Earnings Overview
WALLBOX NV ($BER:67E) reported their financial year 2022 fourth quarter earnings results on December 31, 2022. The period ending March 1, 2023, saw the company’s total revenue increase by 76.6% year over year to EUR -43.4 million, while net income rose 34.8% year over year to EUR 37.3 million.
Stock Price
The company reported an impressive €5.4 in opening stock and closed the day at €5.1, marking a drop of 5.8% from its last closing price of €5.4. This drop was mainly due to investors’ concerns over the company’s future performance and outlook. These impressive results were attributed to the company’s successful investments in renewable energy and other energy solutions. Furthermore, the company made strategic acquisitions during the year which enabled it to increase its market share, expand its reach and diversify its customer base. Despite the overall drop in stock prices during the day, the company’s management expressed satisfaction with its current performance and outlook for the future.
Investors were also encouraged by the company’s financial performance and outlook for the year ahead. Looking ahead, WALLBOX NV is looking to continue its success story by investing in new technologies and expanding its customer base. With its strong financial standing, WALLBOX NV is set to continue its impressive streak of record earnings in the coming quarters. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Wallbox Nv. More…
| Total Revenues | Net Income | Net Margin |
| 146.97 | -136.71 | -93.0% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Wallbox Nv. More…
| Operations | Investing | Financing |
| -103.52 | -88.3 | 246.92 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Wallbox Nv. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 357.2 | 197.69 | 0.98 |
Key Ratios Snapshot
Some of the financial key ratios for Wallbox Nv are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 163.6% | – | -93.0% |
| FCF Margin | ROE | ROA |
| -103.7% | -53.6% | -23.9% |
Analysis
At GoodWhale, we conducted an analysis of WALLBOX NV‘s fundamentals and classified the company as a ‘cheetah’ based on the Star Chart, indicating that it has achieved high revenue or earnings growth but is considered less stable due to lower profitability. This type of company may be attractive to investors looking for higher potential returns, although there is more risk involved. The health score of WALLBOX NV was evaluated as 5/10 with regards to its cashflows and debt, indicating that it is likely to sustain future operations in times of crisis. Furthermore, WALLBOX NV was found to be strong in growth, medium in asset and weak in dividend and profitability. This suggests that the company may be able to generate further growth in the future. More…
Summary
Investing in WALLBOX NV has become increasingly attractive, with the company posting positive earnings results for the fourth quarter of 2022. Total revenue increased by 76.6% year over year, and net income rose 34.8% year over year. Despite this, the stock price moved down the same day, and this presents an opportunity for investors seeking to capitalize on the company’s recent success. Analysts suggest that WALLBOX NV is likely to continue their positive momentum in the coming quarters, and investors are advised to keep an eye on the company’s performance in the near future.
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