GetBusy First Half 2024 Earnings: EPS: UK£0.002 (vs UK£0.013 loss in 1H 2023)

GetBusy (LON:GETB) First Half 2024 Results

Key Financial Results

• Revenue: UK£10.7m (up 2.1% from 1H 2023).
• Net income: UK£115.0k (up from UK£642.0k loss in 1H 2023).
• Profit margin: 1.1% (up from net loss in 1H 2023). The move to profitability was primarily driven by lower expenses.
• EPS: UK£0.002 (up from UK£0.013 loss in 1H 2023).

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

GetBusy Earnings Insights

Looking ahead, revenue is forecast to grow 7.4% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Software industry in the United Kingdom.

Performance of the British Software industry.

The company's shares are down 16% from a week ago.

Risk Analysis

Be aware that GetBusy is showing 4 warning signs in our investment analysis and 3 of those don't sit too well with us...

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