Reported Q: Q4 2023 Rev YoY: -39.1% EPS YoY: -115.8% Move: +2.08%
Julius Bar Gruppe AG
0QO6.L
CHF67.26 2.08%
Exchange LSE Sector Financial Services Industry Asset Management
Q4 2023
Published: Dec 31, 2023

Company Status Snapshot

Fast view of the latest quarter outcome for 0QO6.L

Reported

Report Date

Dec 31, 2023

Quarter Q4 2023

Revenue

605.10M

YoY: -39.1%

EPS

-0.19

YoY: -115.8%

Market Move

+2.08%

Previous quarter: N/A

Follow this company to get upcoming quarter alerts automatically.

Earnings Highlights

  • Revenue of $605.10M down 39.1% year-over-year
  • EPS of $-0.19 decreased by 115.8% from previous year
  • Gross margin of 100.0%
  • Net income of -38.90M
  • "" -
0QO6.L
Company 0QO6.L

Executive Summary

Julius Baer Gruppe AG (CHF) reported Q4 2023 revenue of CHF 605.1 million, flat QoQ but down 39.1% YoY. The quarter delivered a negative operating result of CHF -22.0 million and a net loss of CHF -38.9 million, translating to an EPS of -CHF 0.19. EBITDA was modest at CHF 3.85 million, with an EBITDA margin of about 0.64% and an operating margin of -3.64%, underscoring a challenging environment for fee-based revenue amid margin pressure. On the balance sheet and cash flow front, the firm shows substantial liquidity (cash and cash equivalents of CHF 16.22 billion) and negative net debt (-CHF 2.93 billion), yet cash flow from operations remained negative (CHF -2.23 billion) driven by large working capital outflows and other non-cash items, resulting in negative free cash flow of CHF -2.289 billion for the period. The combination of a softer revenue base, elevated operating costs, and working capital dynamics raises questions about near-term profitability, even as the balance sheet remains robust from a liquidity and leverage perspective. Without explicit management guidance in the dataset, the outlook hinges on AUM/net new money momentum, cost discipline, and resilience of fee-based revenues in a cautious market environment.

Key Performance Indicators

Revenue
Decreasing
605.10M
QoQ: 0.00% | YoY: -39.14%
Gross Profit
Decreasing
605.10M
1.00% margin
QoQ: 0.00% | YoY: -39.14%
Operating Income
Decreasing
-22.00M
QoQ: -0.46% | YoY: -106.18%
Net Income
Decreasing
-38.90M
QoQ: 0.00% | YoY: -115.59%
EPS
Decreasing
-0.19
QoQ: 0.00% | YoY: -115.83%

Revenue Trend

Margin Analysis

Historical Earnings Comparison

PeriodRevenue ($M)EPS ($)YoY GrowthReport
Q2 2025 905.10 0.72 +49.6% View
Q4 2024 958.15 1.39 +58.4% View
Q2 2024 972.25 1.10 +221.4% View
Q1 2024 972.25 1.10 -4.2% View
Q4 2023 605.10 -0.19 -39.1% View