- United Kingdom
- /
- IT
- /
- AIM:RCN
Redcentric Full Year 2024 Earnings: UK£0.022 loss per share (vs UK£0.059 loss in FY 2023)
Redcentric (LON:RCN) Full Year 2024 Results
Key Financial Results
- Revenue: UK£163.2m (up 15% from FY 2023).
- Net loss: UK£3.44m (loss narrowed by 63% from FY 2023).
- UK£0.022 loss per share (improved from UK£0.059 loss in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Redcentric Earnings Insights
Looking ahead, revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the IT industry in the United Kingdom.
Performance of the British IT industry.
The company's shares are down 1.4% from a week ago.
Risk Analysis
You still need to take note of risks, for example - Redcentric has 1 warning sign we think you should be aware of.
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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:RCN
Redcentric
Provides IT managed services for public and private sector in the United Kingdom.
Undervalued with high growth potential.