EQTEC First Half 2024 Earnings: €0.016 loss per share (vs €0.023 loss in 1H 2023)

EQTEC (LON:EQT) First Half 2024 Results

Key Financial Results

• Revenue: €1.45m (up by €1.30m from 1H 2023).
• Net loss: €3.19m (loss widened by 32% from 1H 2023).
• €0.016 loss per share.

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

EQTEC Earnings Insights

Looking ahead, revenue is forecast to grow 55% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Machinery industry in the United Kingdom.

Performance of the British Machinery industry.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

You still need to take note of risks, for example - EQTEC has 4 warning signs (and 2 which are significant) we think you should know about.

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