IDNTT (BIT:IDNTT) Full Year 2024 Results
Key Financial Results
- Revenue: €21.6m (up 12% from FY 2023).
- Net income: €1.16m (down 26% from FY 2023).
- Profit margin: 5.4% (down from 8.1% in FY 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
IDNTT Revenues Disappoint
Revenue missed analyst estimates by 2.7%.
Looking ahead, revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 2.1% growth forecast for the Media industry in Italy.
Performance of the Italian Media industry.
The company's shares are up 8.2% from a week ago.
Risk Analysis
It is worth noting though that we have found 3 warning signs for IDNTT (1 is a bit unpleasant!) that you need to take into consideration.
Valuation is complex, but we're here to simplify it.
Discover if IDNTT might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.
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