Feb 24, 2023 / 01:30PM GMT
Operator
Good day, and thank you for standing by, and welcome to the VivoPower International PLC fiscal year 2023 half-year earnings conference call. At this time, all participants are in a listen-only mode. Please be advised that today's conference is being recorded. I would now like to hand the conference over to your speaker today, Kevin Chin.
Kevin Chin - VivoPower International PLC - Co-Founder & Executive Chairman
Good morning, ladies and gentlemen. Welcome to the VivoPower half-year results presentation for the period ended December 31, 2022. I'll take you firstly to page 3 of our presentation. The executive summary.
So, at a headline level, we made very good strategic progress during the half year. However, our results were affected by unseasonal weather and foreign exchange. Our revenue declined due to project timing and a decline in the Australian dollar versus the US dollar foreign exchange rate. So, our half-year revenue decreased 23% year-on-year to $8.7 million.
This is primarily attributable to timing of project execution with one
Half Year 2023 VivoPower International PLC Earnings Call Transcript
Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis | |
30-Year Financial on one screen | |
All-in-one Stock Screener with unlimited filters | |
Customizable Stock Dashboard | |
Real Time Insider Trading Transactions | |
8,000+ Institutional investors’ 13F holdings | |
Powerful Excel Add-in and Google sheets Add-on | |
All data downloadable | |
Quick customer support | |
And much more... |
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot