Itim Group First Half 2024 Earnings: UK£0.003 loss per share (vs UK£0.03 loss in 1H 2023)

Itim Group (LON:ITIM) First Half 2024 Results

Key Financial Results

• Revenue: UK£8.84m (up 19% from 1H 2023).
• Net loss: UK£85.0k (loss narrowed by 91% from 1H 2023).
• UK£0.003 loss per share (improved from UK£0.03 loss in 1H 2023).

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

Itim Group Earnings Insights

Looking ahead, revenue is forecast to grow 2.2% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Software industry in the United Kingdom.

Performance of the British Software industry.

The company's shares are up 33% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 2 warning signs for Itim Group you should be aware of.

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