Beyond Frames Entertainment Reports First Quarter 2024 Earnings

Beyond Frames Entertainment (FRA:8WP) First Quarter 2024 Results

Key Financial Results

• Revenue: kr69.2m (up 218% from 1Q 2023).
• Net income: kr779.0k (up from kr3.75m loss in 1Q 2023).
• Profit margin: 1.1% (up from net loss in 1Q 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

Beyond Frames Entertainment Earnings Insights

Looking ahead, revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Entertainment industry in Germany.

Performance of the German Entertainment industry.

The company's shares are up 1.4% from a week ago.

Risk Analysis

We should say that we've discovered 2 warning signs for Beyond Frames Entertainment (1 is potentially serious!) that you should be aware of before investing here.

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