Allcore (BIT:CORE) First Half 2024 Results
Key Financial Results
- Revenue: €22.6m (up 16% from 1H 2023).
- Net income: €582.1k (down 33% from 1H 2023).
- Profit margin: 2.6% (down from 4.5% in 1H 2023). The decrease in margin was driven by higher expenses.
All figures shown in the chart above are for the trailing 12 month (TTM) period
Allcore Earnings Insights
Looking ahead, revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Professional Services industry in Italy.
Performance of the Italian Professional Services industry.
The company's share price is broadly unchanged from a week ago.
Risk Analysis
We should say that we've discovered 5 warning signs for Allcore (1 is significant!) that you should be aware of before investing here.
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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:CORE
Reasonable growth potential with adequate balance sheet.
