Strix Group First Half 2024 Earnings: UK£0.023 loss per share (vs UK£0.018 profit in 1H 2023)

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Strix Group (LON:KETL) First Half 2024 Results

Key Financial Results

  • Revenue: UK£63.9m (down 1.6% from 1H 2023).
  • Net loss: UK£5.06m (down by 227% from UK£3.97m profit in 1H 2023).
  • UK£0.023 loss per share (down from UK£0.018 profit in 1H 2023).
AIM:KETL Earnings and Revenue Growth September 22nd 2024

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

Strix Group Earnings Insights

Looking ahead, revenue is forecast to stay flat during the next 3 years compared to a 6.0% growth forecast for the Electronic industry in the United Kingdom.

Performance of the British Electronic industry.

The company's shares are down 14% from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 4 warning signs for Strix Group that you should be aware of.

Valuation is complex, but we're here to simplify it.

Discover if Strix Group might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.

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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.