Apontis Pharma First Half 2024 Earnings: EPS: €0.084 (vs €0.42 loss in 1H 2023)

Apontis Pharma (ETR:APPH) First Half 2024 Results

Key Financial Results

• Revenue: €22.7m (up 19% from 1H 2023).
• Net income: €702.8k (up from €3.52m loss in 1H 2023).
• Profit margin: 3.1% (up from net loss in 1H 2023).
• EPS: €0.084 (up from €0.42 loss in 1H 2023).

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

Apontis Pharma Earnings Insights

Looking ahead, revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Pharmaceuticals industry in Germany.

Performance of the German Pharmaceuticals industry.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 1 warning sign for Apontis Pharma that you need to be mindful of.

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