Surface Transforms First Half 2024 Earnings: UK£0.013 loss per share (vs UK£0.021 loss in 1H 2023)

Surface Transforms (LON:SCE) First Half 2024 Results

Key Financial Results

• Revenue: UK£4.65m (up 58% from 1H 2023).
• Net loss: UK£7.05m (loss widened by 41% from 1H 2023).
• UK£0.013 loss per share.

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

Surface Transforms Earnings Insights

Looking ahead, revenue is forecast to grow 65% p.a. on average during the next 2 years, compared to a 5.1% growth forecast for the Auto Components industry in the United Kingdom.

Performance of the British Auto Components industry.

The company's shares are down 76% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 5 warning signs for Surface Transforms (4 make us uncomfortable!) that you should be aware of.

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