Straker First Half 2024 Earnings: NZ$0.014 loss per share (vs NZ$0.031 profit in 1H 2023)

Straker (ASX:STG) First Half 2024 Results

Key Financial Results

• Revenue: NZ$25.5m (down 23% from 1H 2023).
• Net loss: NZ$925.0k (down by 144% from NZ$2.11m profit in 1H 2023).
• NZ$0.014 loss per share (down from NZ$0.031 profit in 1H 2023).

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

Straker Earnings Insights

Looking ahead, revenue is forecast to grow 8.8% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Commercial Services industry in Australia.

Performance of the Australian Commercial Services industry.

The company's shares are up 3.7% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 2 warning signs for Straker you should be aware of.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.