Hybrid Software Group Reports First Half 2024 Earnings

Hybrid Software Group (EBR:HYSG) First Half 2024 Results

Key Financial Results

• Revenue: €26.9m (up 8.1% from 1H 2023).
• Net income: €2.15m (up from €334.0k loss in 1H 2023).
• Profit margin: 8.0% (up from net loss in 1H 2023). The move to profitability was primarily driven by higher revenue.

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

Hybrid Software Group Earnings Insights

Looking ahead, revenue is forecast to grow 20% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Software industry in Europe.

Performance of the market in Belgium.

The company's shares are down 1.0% from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 1 warning sign for Hybrid Software Group that you should be aware of.

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