AssetCo First Half 2024 Earnings: UK£0.017 loss per share (vs UK£0.04 loss in 1H 2023)

AssetCo (LON:ASTO) First Half 2024 Results

Key Financial Results

• Revenue: UK£6.93m (down 2.8% from 1H 2023).
• Net loss: UK£2.46m (loss narrowed by 56% from 1H 2023).
• UK£0.017 loss per share (improved from UK£0.04 loss in 1H 2023).

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

AssetCo Earnings Insights

Looking ahead, revenue is forecast to grow 1.4% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Capital Markets industry in the United Kingdom.

Performance of the British Capital Markets industry.

The company's shares are down 1.6% from a week ago.

Risk Analysis

You still need to take note of risks, for example - AssetCo has 1 warning sign we think you should be aware of.

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