IDNTT First Half 2024 Earnings: EPS: €0.074 (vs €0.083 in 1H 2023)

IDNTT (BIT:IDNTT) First Half 2024 Results

Key Financial Results

• Revenue: €9.78m (up 8.5% from 1H 2023).
• Net income: €557.0k (down 11% from 1H 2023).
• Profit margin: 5.7% (down from 6.9% in 1H 2023). The decrease in margin was driven by higher expenses.
• EPS: €0.074 (down from €0.083 in 1H 2023).

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

IDNTT Earnings Insights

Looking ahead, revenue is forecast to grow 9.5% p.a. on average during the next 3 years, compared to a 1.7% growth forecast for the Media industry in Italy.

Performance of the Italian Media industry.

The company's shares are down 5.5% from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 1 warning sign for IDNTT that you need to be mindful of.

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