Funding Circle Holdings First Half 2024 Earnings: UK£0.007 loss per share (vs UK£0.022 loss in 1H 2023)

Funding Circle Holdings (LON:FCH) First Half 2024 Results

Key Financial Results

• Revenue: UK£79.1m (up 33% from 1H 2023).
• Net loss: UK£2.30m (loss narrowed by 70% from 1H 2023).
• UK£0.007 loss per share (improved from UK£0.022 loss in 1H 2023).

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

Funding Circle Holdings Earnings Insights

Looking ahead, revenue is forecast to grow 8.8% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Consumer Finance industry in the United Kingdom.

Performance of the British Consumer Finance industry.

The company's shares are up 34% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 1 warning sign for Funding Circle Holdings you should know about.

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