Stock Analysis

Good Drinks Australia Full Year 2024 Earnings: AU$0.021 loss per share (vs AU$0.001 loss in FY 2023)

ASX:GDA
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Good Drinks Australia (ASX:GDA) Full Year 2024 Results

Key Financial Results

  • Revenue: AU$112.9m (up 2.8% from FY 2023).
  • Net loss: AU$2.80m (loss widened by AU$2.64m from FY 2023).
  • AU$0.021 loss per share (further deteriorated from AU$0.001 loss in FY 2023).
earnings-and-revenue-growth
ASX:GDA Earnings and Revenue Growth August 30th 2024

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

Good Drinks Australia Earnings Insights

Looking ahead, revenue is forecast to grow 5.6% p.a. on average during the next 2 years, compared to a 6.9% growth forecast for the Beverage industry in Oceania.

Performance of the market in Australia.

The company's shares are down 10% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 2 warning signs for Good Drinks Australia that 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.