Stock Analysis

Bike24 Holding Second Quarter 2024 Earnings: €0.051 loss per share (vs €0.063 loss in 2Q 2023)

XTRA:BIKE
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Bike24 Holding (ETR:BIKE) Second Quarter 2024 Results

Key Financial Results

  • Revenue: €63.9m (up 1.5% from 2Q 2023).
  • Net loss: €2.25m (loss narrowed by 19% from 2Q 2023).
  • €0.051 loss per share (improved from €0.063 loss in 2Q 2023).
earnings-and-revenue-growth
XTRA:BIKE Earnings and Revenue Growth August 10th 2024

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 7.5% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Specialty Retail industry in Germany.

Performance of the German Specialty Retail industry.

The company's shares are up 11% 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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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.