Beeks Financial Cloud Group First Half 2024 Earnings: EPS: UK£0.003 (vs UK£0.007 loss in 1H 2023)

Beeks Financial Cloud Group (LON:BKS) First Half 2024 Results

Key Financial Results

• Revenue: UK£13.0m (up 25% from 1H 2023).
• Net income: UK£201.0k (up from UK£478.0k loss in 1H 2023).
• Profit margin: 1.6% (up from net loss in 1H 2023).
• EPS: UK£0.003 (up from UK£0.007 loss in 1H 2023).

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

Beeks Financial Cloud Group Earnings Insights

Looking ahead, revenue is forecast to grow 24% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the IT industry in the United Kingdom.

Performance of the British IT industry.

The company's shares are down 4.3% from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 2 warning signs for Beeks Financial Cloud Group that you should be aware of.

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