Stock Analysis
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.
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About XTRA:BIKE
Bike24 Holding
Operates online cycling platforms in Germany, Austria, Switzerland, rest of Europe, and internationally.