Tulikivi Second Quarter 2024 Earnings: Revenues Beat Expectations, EPS In Line

Simply Wall St

August 18, 2024

Tulikivi (HEL:TULAV) Second Quarter 2024 Results

Key Financial Results

Revenue: €9.30m (down 32% from 2Q 2023).
Net income: €400.0k (down 77% from 2Q 2023).
Profit margin: 4.3% (down from 13% in 2Q 2023). The decrease in margin was driven by lower revenue.
EPS: €0.01 (down from €0.028 in 2Q 2023).

earnings-and-revenue-history — HLSE:TULAV Earnings and Revenue History August 18th 2024

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

Tulikivi Earnings Insights

Looking ahead, revenue is expected to decline by 1.4% p.a. on average during the next 3 years, while revenues in the Building industry in Europe are expected to grow by 5.1%.

Performance of the market in Finland.

The company's shares are up 7.7% from a week ago.

Risk Analysis

Be aware that Tulikivi is showing 3 warning signs in our investment analysis that you should know about...

Valuation is complex, but we're here to simplify it.

Discover if Tulikivi might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.

Access Free Analysis

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

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.