- United Kingdom
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- Energy Services
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- AIM:TGP
Tekmar Group Full Year 2024 Earnings: Revenues Beat Expectations, EPS Lags
Tekmar Group (LON:TGP) Full Year 2024 Results
Key Financial Results
- Revenue: UK£32.8m (down 18% from FY 2023).
- Net loss: UK£5.10m (loss narrowed by 50% from FY 2023).
- UK£0.037 loss per share (improved from UK£0.11 loss in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Tekmar Group Revenues Beat Expectations, EPS Falls Short
Revenue exceeded analyst estimates by 2.5%. Earnings per share (EPS) missed analyst estimates.
Looking ahead, revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Energy Services industry in the United Kingdom.
Performance of the British Energy Services industry.
The company's shares are down 5.3% from a week ago.
Risk Analysis
We don't want to rain on the parade too much, but we did also find 2 warning signs for Tekmar Group that you need to be mindful of.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About AIM:TGP
Tekmar Group
Designs, manufactures, and supplies subsea stability and protection technology to offshore energy markets.
Undervalued with excellent balance sheet.
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