Itaconix Full Year 2024 Earnings: US$0.001 loss per share (vs US$0.12 loss in FY 2023)

Itaconix (LON:ITX) Full Year 2024 Results

Key Financial Results

• Revenue: US$6.50m (down 17% from FY 2023).
• Net loss: US$1.87m (loss widened by 21% from FY 2023).
• US$0.001 loss per share.

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

Itaconix Earnings Insights

Looking ahead, revenue is expected to fall by 149% p.a. on average during the next 2 years compared to a 2.6% decline forecast for the Chemicals industry in the United Kingdom.

Performance of the British Chemicals industry.

The company's shares are up 2.9% from a week ago.

Risk Analysis

It is worth noting though that we have found 2 warning signs for Itaconix that you need to take into consideration.

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