Itway Reports Third Quarter 2024 Earnings

Itway (BIT:ITW) Third Quarter 2024 Results

Key Financial Results

• Revenue: €11.2m (up 34% from 3Q 2023).
• Net loss: €225.0k (loss widened by 73% from 3Q 2023).
• €0.022 loss per share.

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

Itway Earnings Insights

Looking ahead, revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 8.5% growth forecast for the Electronic industry in Italy.

Performance of the Italian Electronic industry.

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

Risk Analysis

We should say that we've discovered 2 warning signs for Itway (1 is concerning!) that you should be aware of before investing here.

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