Ceres Power Holdings (LON:CWR) Full Year 2024 Results
Key Financial Results
- Revenue: UK£51.9m (up 132% from FY 2023).
- Net loss: UK£28.3m (loss narrowed by 48% from FY 2023).
- UK£0.15 loss per share (improved from UK£0.28 loss in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Ceres Power Holdings Revenues and Earnings Miss Expectations
Revenue missed analyst estimates by 9.8%. Earnings per share (EPS) also missed analyst estimates by 6.8%.
Looking ahead, revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Electrical industry in the United Kingdom.
Performance of the British Electrical industry.
The company's shares are up 6.4% from a week ago.
Risk Analysis
Be aware that Ceres Power Holdings is showing 2 warning signs in our investment analysis and 1 of those is significant...
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