ATON Green Storage (BIT:ATON) Full Year 2024 Results
Key Financial Results
- Revenue: €14.7m (down 65% from FY 2023).
- Net loss: €5.97m (down by 260% from €3.74m profit in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
ATON Green Storage Revenues Disappoint
Revenue missed analyst estimates by 7.8%.
Looking ahead, revenue is forecast to grow 26% p.a. on average during the next 2 years, compared to a 7.0% growth forecast for the Electrical industry in Italy.
Performance of the Italian Electrical industry.
The company's shares are up 7.3% from a week ago.
Risk Analysis
You should learn about the 3 warning signs we've spotted with ATON Green Storage (including 2 which can't be ignored).
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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.
About BIT:ATON
ATON Green Storage
Engages in the production and sale of storage systems for photovoltaic systems and battery energy storage system.
High growth potential and fair value.
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