Stock Analysis

VITA 34 Second Quarter 2024 Earnings: €0.084 loss per share (vs €0.07 loss in 2Q 2023)

XTRA:V3V
Source: Shutterstock

VITA 34 (ETR:V3V) Second Quarter 2024 Results

Key Financial Results

  • Revenue: €19.5m (up 6.0% from 2Q 2023).
  • Net loss: €1.41m (loss widened by 19% from 2Q 2023).
  • €0.084 loss per share (further deteriorated from €0.07 loss in 2Q 2023).
earnings-and-revenue-history
XTRA:V3V Earnings and Revenue History September 2nd 2024

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

VITA 34 Earnings Insights

Looking ahead, revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Healthcare industry in Germany.

Performance of the German Healthcare industry.

The company's shares are up 4.0% from a week ago.

Risk Analysis

It's still necessary to consider the ever-present spectre of investment risk. We've identified 2 warning signs with VITA 34, and understanding these should be part of your investment process.

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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.

About XTRA:V3V

VITA 34

Engages in the collection, processing, cryopreservation, and storage of stem cells from umbilical cord blood and tissue and postnatal tissue in Germany, Poland, Portugal, and internationally.

Adequate balance sheet with moderate growth potential.