Tortilla Mexican Grill First Half 2024 Earnings: UK£0.006 loss per share (vs UK£0.016 loss in 1H 2023)

Tortilla Mexican Grill (LON:MEX) First Half 2024 Results

Key Financial Results

• Revenue: UK£31.5m (down 3.7% from 1H 2023).
• Net loss: UK£235.0k (loss narrowed by 62% from 1H 2023).
• UK£0.006 loss per share (improved from UK£0.016 loss in 1H 2023).

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

Tortilla Mexican Grill Earnings Insights

Looking ahead, revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Hospitality industry in the United Kingdom.

Performance of the British Hospitality industry.

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

Risk Analysis

We should say that we've discovered 1 warning sign for Tortilla Mexican Grill that you should be aware of before investing here.

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