Libra Insurance Second Quarter 2024 Earnings: EPS: ₪0.29 (vs ₪0.02 loss in 2Q 2023)

Libra Insurance (TLV:LBRA) Second Quarter 2024 Results

Key Financial Results

• Revenue: ₪119.9m (up 71% from 2Q 2023).
• Net income: ₪13.3m (up from ₪841.0k loss in 2Q 2023).
• Profit margin: 11% (up from net loss in 2Q 2023). The move to profitability was driven by higher revenue.
• EPS: ₪0.29 (up from ₪0.02 loss in 2Q 2023).

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

Libra Insurance shares are up 11% from a week ago.

Risk Analysis

We should say that we've discovered 3 warning signs for Libra Insurance that you should be aware of before investing here.

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