Esken First Half 2024 Earnings: UK£0.059 loss per share (vs UK£0.012 loss in 1H 2023)

Esken (LON:ESKN) First Half 2024 Results

Key Financial Results

• Revenue: UK£9.14m (down 37% from 1H 2023).
• Net loss: UK£60.4m (loss widened by 383% from 1H 2023).
• UK£0.059 loss per share (further deteriorated from UK£0.012 loss in 1H 2023).

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

Esken Earnings Insights

Looking ahead, revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the Airlines industry in Europe.

Performance of the market in the United Kingdom.

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

Risk Analysis

We don't want to rain on the parade too much, but we did also find 5 warning signs for Esken (2 are significant!) that you need to be mindful of.

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