Brim hf Reports Third Quarter 2024 Earnings

Brim hf (ICE:BRIM) Third Quarter 2024 Results

Key Financial Results

• Revenue: €110.0m (down 2.9% from 3Q 2023).
• Net income: €19.0m (down 24% from 3Q 2023).
• Profit margin: 17% (down from 22% in 3Q 2023). The decrease in margin was primarily driven by lower revenue.

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

Brim hf shares are down 2.7% from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 3 warning signs for Brim hf (1 can't be ignored!) that you need to be mindful of.

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