OSAI Automation System First Half 2024 Earnings: €0.32 loss per share (vs €0.078 loss in 1H 2023)

OSAI Automation System (BIT:OSA) First Half 2024 Results

Key Financial Results

• Revenue: €19.6m (up 7.4% from 1H 2023).
• Net loss: €5.12m (loss widened by 306% from 1H 2023).
• €0.32 loss per share (further deteriorated from €0.078 loss in 1H 2023).

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

OSAI Automation System Earnings Insights

Looking ahead, revenue is forecast to grow 8.9% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Semiconductor industry in Europe.

Performance of the market in Italy.

The company's shares are down 14% from a week ago.

Risk Analysis

Before you take the next step you should know about the 3 warning signs for OSAI Automation System (1 is a bit concerning!) that we have uncovered.

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