Spindox Reports Full Year 2024 Earnings

Spindox (BIT:SPN) Full Year 2024 Results

Key Financial Results

• Revenue: €111.8m (up 15% from FY 2023).
• Net income: €463.2k (up from €54.1k loss in FY 2023).
• Profit margin: 0.4% (up from net loss in FY 2023). The move to profitability was driven by higher revenue.

We've discovered 1 warning sign about Spindox. View them for free.

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

Spindox Earnings Insights

Looking ahead, revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 9.3% growth forecast for the IT industry in Italy.

Performance of the Italian IT industry.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

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

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