Ralco Agencies Second Quarter 2024 Earnings: EPS: ₪1.87 (vs ₪0.82 in 2Q 2023)

Ralco Agencies (TLV:RLCO) Second Quarter 2024 Results

Key Financial Results

• Revenue: ₪84.4m (up 40% from 2Q 2023).
• Net income: ₪7.62m (up 127% from 2Q 2023).
• Profit margin: 9.0% (up from 5.6% in 2Q 2023). The increase in margin was driven by higher revenue.
• EPS: ₪1.87 (up from ₪0.82 in 2Q 2023).

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

Ralco Agencies shares are up 8.3% from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 2 warning signs for Ralco Agencies (1 doesn't sit too well with us!) that you need to be mindful of.

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