Stock Analysis
Eckoh (LON:ECK) First Half 2024 Results
Key Financial Results
- Revenue: UK£18.8m (down 4.2% from 1H 2023).
- Net income: UK£1.27m (down 44% from 1H 2023).
- Profit margin: 6.8% (down from 12% in 1H 2023).
- EPS: UK£0.004 (down from UK£0.008 in 1H 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Eckoh Earnings Insights
Looking ahead, revenue is forecast to grow 7.0% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the IT industry in the United Kingdom.
Performance of the British IT industry.
The company's shares are down 12% from a week ago.
Risk Analysis
It is worth noting though that we have found 1 warning sign for Eckoh that you need to take into consideration.
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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:ECK
Eckoh
Provides customer engagement data and payment security solutions in the United Kingdom, the United States, Canada, Ireland, and internationally.
Flawless balance sheet second-rate dividend payer.
