Bigblu Broadband First Half 2024 Earnings: UK£0.022 loss per share (vs UK£0.033 loss in 1H 2023)

Bigblu Broadband (LON:BBB) First Half 2024 Results

Key Financial Results

• Revenue: UK£11.2m (down 25% from 1H 2023).
• Net loss: UK£1.28m (loss narrowed by 33% from 1H 2023).
• UK£0.022 loss per share (improved from UK£0.033 loss in 1H 2023).

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

Bigblu Broadband Earnings Insights

Looking ahead, revenue is forecast to grow 1.5% p.a. on average during the next 2 years, compared to a 2.0% growth forecast for the Telecom industry in Europe.

Performance of the market in the United Kingdom.

The company's shares are down 3.4% from a week ago.

Risk Analysis

It's still necessary to consider the ever-present spectre of investment risk. We've identified 1 warning sign with Bigblu Broadband, and understanding it should be part of your investment process.

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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.