Ilkka Oyj Third Quarter 2024 Earnings: EPS: €0.024 (vs €0.01 loss in 3Q 2023)

Ilkka Oyj (HEL:ILKKA2) Third Quarter 2024 Results

Key Financial Results

• Revenue: €12.4m (down 12% from 3Q 2023).
• Net income: €603.0k (up from €253.0k loss in 3Q 2023).
• Profit margin: 4.9% (up from net loss in 3Q 2023). The move to profitability was driven by lower expenses.
• EPS: €0.024 (up from €0.01 loss in 3Q 2023).

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

Ilkka Oyj Earnings Insights

Looking ahead, revenue is forecast to grow 2.3% p.a. on average during the next 3 years, compared to a 2.0% growth forecast for the Media industry in Europe.

Performance of the market in Finland.

The company's shares are up 3.6% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 3 warning signs for Ilkka Oyj you should be aware of, and 1 of them is concerning.

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