Advanced Medical Solutions Group First Half 2024 Earnings: EPS: UK£0.019 (vs UK£0.041 in 1H 2023)

Advanced Medical Solutions Group (LON:AMS) First Half 2024 Results

Key Financial Results

• Revenue: UK£68.0m (up 7.8% from 1H 2023).
• Net income: UK£4.18m (down 53% from 1H 2023).
• Profit margin: 6.1% (down from 14% in 1H 2023). The decrease in margin was driven by higher expenses.
• EPS: UK£0.019 (down from UK£0.041 in 1H 2023).

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

Advanced Medical Solutions Group Earnings Insights

Looking ahead, revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Medical Equipment industry in the United Kingdom.

Performance of the British Medical Equipment industry.

The company's shares are down 3.6% from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 1 warning sign for Advanced Medical Solutions Group that you need to be mindful of.

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