Alfonsino Reports First Half 2024 Earnings

Alfonsino (BIT:ALFO) First Half 2024 Results

Key Financial Results

• Revenue: €1.89m (down 34% from 1H 2023).
• Net loss: €260.0k (loss narrowed by 67% from 1H 2023).

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

Alfonsino Earnings Insights

Looking ahead, revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 9.8% growth forecast for the Hospitality industry in Italy.

Performance of the Italian Hospitality industry.

The company's shares are up 4.1% from a week ago.

Risk Analysis

It is worth noting though that we have found 5 warning signs for Alfonsino (2 don't sit too well with us!) that you need to take into consideration.

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