Stock Analysis

Aurrigo International First Half 2024 Earnings: UK£0.034 loss per share (vs UK£0.048 loss in 1H 2023)

AIM:AURR
Source: Shutterstock

Aurrigo International (LON:AURR) First Half 2024 Results

Key Financial Results

  • Revenue: UK£3.88m (up 26% from 1H 2023).
  • Net loss: UK£1.58m (loss narrowed by 21% from 1H 2023).
  • UK£0.034 loss per share (improved from UK£0.048 loss in 1H 2023).
earnings-and-revenue-history
AIM:AURR Earnings and Revenue History September 28th 2024

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

Aurrigo International Earnings Insights

Looking ahead, revenue is forecast to grow 68% p.a. on average during the next 2 years, compared to a 5.2% growth forecast for the Auto Components industry in the United Kingdom.

Performance of the British Auto Components industry.

The company's shares are up 3.3% from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 4 warning signs for Aurrigo International (1 doesn't sit too well with us) you should be aware of.

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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.

About AIM:AURR

Aurrigo International

Designs, engineers, manufactures, and supplies OEM products and autonomous vehicles to the automotive, aviation, and transport industries in the United Kingdom, Europe, and internationally.

Slight with mediocre balance sheet.