Stock Analysis
- United Kingdom
- /
- Capital Markets
- /
- AIM:MANO
Manolete Partners First Half 2024 Earnings: EPS: UK£0.014 (vs UK£0.10 loss in 1H 2023)
Manolete Partners (LON:MANO) First Half 2024 Results
Key Financial Results
- Revenue: UK£11.2m (up 104% from 1H 2023).
- Net income: UK£625.0k (up from UK£4.44m loss in 1H 2023).
- Profit margin: 5.6% (up from net loss in 1H 2023). The move to profitability was driven by higher revenue.
- EPS: UK£0.014 (up from UK£0.10 loss in 1H 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Manolete Partners Earnings Insights
Looking ahead, revenue is expected to decline by 6.5% p.a. on average during the next 3 years, while revenues in the Capital Markets industry in the United Kingdom are expected to grow by 1.9%.
Performance of the British Capital Markets industry.
The company's shares are down 4.3% from a week ago.
Risk Analysis
It's still necessary to consider the ever-present spectre of investment risk. We've identified 2 warning signs with Manolete Partners, and understanding these should be part of your investment process.
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About AIM:MANO
Manolete Partners
Operates as an insolvency litigation financing company in the United Kingdom.
Excellent balance sheet low.