va-Q-tec (HMSE:VQT) Second Quarter 2024 Results
Key Financial Results
- Revenue: €33.4m (up 26% from 2Q 2023).
- Net income: €215.0k (up from €5.72m loss in 2Q 2023).
- Profit margin: 0.6% (up from net loss in 2Q 2023). The move to profitability was driven by higher revenue.
All figures shown in the chart above are for the trailing 12 month (TTM) period
va-Q-tec shares are up 1.7% from a week ago.
Risk Analysis
Be aware that va-Q-tec is showing 1 warning sign in our investment analysis that you should know about...
New: AI Stock Screener & Alerts
Our new AI Stock Screener scans the market every day to uncover opportunities.
• Dividend Powerhouses (3%+ Yield)
• Undervalued Small Caps with Insider Buying
• High growth Tech and AI Companies
Or build your own from over 50 metrics.
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.
About HMSE:VQT
va-Q-tec
Develops, produces, and markets vacuum insulation panels and phase change materials in Germany, rest of European Union, and internationally.
Adequate balance sheet minimal.
