CPSE:TRIFORIT
Trifork Group (CPSE:TRIFOR) Stock Revenue Growth Masks A Razor Thin Profit
Trifork Group stock has been under quiet pressure, down about 9% over the past week even before investors fully processed fresh Q2 numbers. The headline is not revenue, which came in at €58.356m. The real story is profit. Net income for the quarter was just €0.178m and basic earnings per share slipped to €0.01. That kind of margin squeeze jars with a company trading on a higher P/E than peers and with upbeat multi year growth forecasts on the table.
Love Trifork Group's revenue scale but...