Petards Group First Half 2024 Earnings: UK£0.016 loss per share (vs UK£0.005 loss in 1H 2023)

Petards Group (LON:PEG) First Half 2024 Results

Key Financial Results

• Revenue: UK£4.42m (flat on 1H 2023).
• Net loss: UK£928.0k (loss widened by 208% from 1H 2023).
• UK£0.016 loss per share (further deteriorated from UK£0.005 loss in 1H 2023).

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

Petards Group Earnings Insights

Looking ahead, revenue is forecast to grow 34% p.a. on average during the next 2 years, compared to a 8.5% growth forecast for the Software industry in the United Kingdom.

Performance of the British Software industry.

The company's shares are down 12% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 4 warning signs for Petards Group (of which 2 are a bit concerning!) you should know about.

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