Moltiply Group (BIT:MOL) Third Quarter 2024 Results
Key Financial Results
- Revenue: €112.8m (up 16% from 3Q 2023).
- Net income: €9.25m (down 18% from 3Q 2023).
- Profit margin: 8.2% (down from 12% in 3Q 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
Moltiply Group Earnings Insights
Looking ahead, revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 9.9% growth forecast for the Consumer Finance industry in Europe.
Performance of the market in Italy.
The company's shares are up 1.1% from a week ago.
Risk Analysis
It's necessary to consider the ever-present spectre of investment risk. We've identified 2 warning signs with Moltiply Group (at least 1 which is concerning), and understanding these should be part of your investment process.
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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:MOL
Moltiply Group
Through its subsidiaries, operates comparison platforms, and provides outsourcing services for credit processes, and asset and insurance claims management in Italy.
Reasonable growth potential with mediocre balance sheet.
