Telelink Business Services Group AD Reports Third Quarter 2024 Earnings

Simply Wall St

December 02, 2024

Telelink Business Services Group AD (BUL:TBS) Third Quarter 2024 Results

Key Financial Results

Revenue: лв50.2m (down 1.7% from 3Q 2023).
Net income: лв2.73m (down 46% from 3Q 2023).
Profit margin: 5.4% (down from 9.9% in 3Q 2023). The decrease in margin was primarily driven by higher expenses.

earnings-and-revenue-history — BUL:TBS Earnings and Revenue History December 2nd 2024

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

Telelink Business Services Group AD Earnings Insights

Looking ahead, revenue is forecast to grow 22% p.a. on average during the next 2 years, compared to a 4.9% growth forecast for the IT industry in Europe.

Performance of the market in Europe.

The company's shares are up 1.8% from a week ago.

Risk Analysis

You still need to take note of risks, for example - Telelink Business Services Group AD has 3 warning signs (and 1 which can't be ignored) we think you should know about.

Valuation is complex, but we're here to simplify it.

Discover if Telelink Business Services Group AD might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.

Access Free Analysis

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

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.