IMMOFINANZ Second Quarter 2024 Earnings: €0.071 loss per share (vs €0.75 loss in 2Q 2023)

IMMOFINANZ (VIE:IIA) Second Quarter 2024 Results

Key Financial Results

• Revenue: €200.8m (up 11% from 2Q 2023).
• Net loss: €9.77m (loss narrowed by 93% from 2Q 2023).
• €0.071 loss per share (improved from €0.75 loss in 2Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

IMMOFINANZ Earnings Insights

Looking ahead, revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 2.7% decline forecast for the Real Estate industry in Europe.

Performance of the market in Austria.

The company's shares are down 6.5% from a week ago.

Risk Analysis

Before you take the next step you should know about the 2 warning signs for IMMOFINANZ (1 is significant!) that we have uncovered.

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