Stock Analysis

REVO Insurance Second Quarter 2024 Earnings: EPS: €0.20 (vs €0.019 in 2Q 2023)

BIT:REVO
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REVO Insurance (BIT:REVO) Second Quarter 2024 Results

Key Financial Results

  • Revenue: €86.2m (up 38% from 2Q 2023).
  • Net income: €3.36m (up by €2.90m from 2Q 2023).
  • Profit margin: 3.9% (up from 0.7% in 2Q 2023). The increase in margin was driven by higher revenue.
  • EPS: €0.20 (up from €0.019 in 2Q 2023).
earnings-and-revenue-history
BIT:REVO Earnings and Revenue History August 15th 2024

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

REVO Insurance shares are up 1.5% from a week ago.

Risk Analysis

It is worth noting though that we have found 1 warning sign for REVO Insurance that you need to take into consideration.

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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.