Shearwater Group First Half 2024 Earnings: UK£0.04 loss per share (vs UK£0.055 loss in 1H 2023)

Shearwater Group (LON:SWG) First Half 2024 Results

Key Financial Results

• Revenue: UK£10.5m (down 2.7% from 1H 2023).
• Net loss: UK£947.0k (loss narrowed by 28% from 1H 2023).
• UK£0.04 loss per share (improved from UK£0.055 loss in 1H 2023).

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

Shearwater Group Earnings Insights

Looking ahead, revenue is forecast to grow 20% p.a. on average during the next 2 years, compared to a 8.4% growth forecast for the Software industry in the United Kingdom.

Performance of the British Software industry.

The company's shares are down 2.2% from a week ago.

Risk Analysis

We should say that we've discovered 3 warning signs for Shearwater Group (1 shouldn't be ignored!) that you should be aware of before investing here.

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