Bike24 Holding (ETR:BIKE) Third Quarter 2024 Results
Key Financial Results
- Revenue: €63.0m (up 2.9% from 3Q 2023).
- Net loss: €1.98m (loss narrowed by 9.9% from 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Bike24 Holding Earnings Insights
Looking ahead, revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Specialty Retail industry in Germany.
Performance of the German Specialty Retail industry.
The company's shares are up 15% from a week ago.
Risk Analysis
Before we wrap up, we've discovered 3 warning signs for Bike24 Holding that you should be aware of.
Valuation is complex, but we're here to simplify it.
Discover if Bike24 Holding might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.
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About XTRA:BIKE
Bike24 Holding
Operates online cycling platforms in Germany, Austria, Switzerland, rest of Europe, and internationally.
Excellent balance sheet low.
