Haydale Graphene Industries First Half 2024 Earnings: UK£0.002 loss per share (vs UK£0.004 loss in 1H 2023)

Haydale Graphene Industries (LON:HAYD) First Half 2024 Results

Key Financial Results

• Revenue: UK£2.47m (up 38% from 1H 2023).
• Net loss: UK£2.39m (loss narrowed by 15% from 1H 2023).
• UK£0.002 loss per share (improved from UK£0.004 loss in 1H 2023).

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

Haydale Graphene Industries Earnings Insights

Looking ahead, revenue is forecast to grow 49% p.a. on average during the next 2 years, compared to a 3.4% decline forecast for the Chemicals industry in the United Kingdom.

Performance of the British Chemicals industry.

The company's shares are up 10% from a week ago.

Risk Analysis

It is worth noting though that we have found 4 warning signs for Haydale Graphene Industries (2 are a bit concerning!) that you need to take into consideration.

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