ABL Bio Third Quarter 2024 Earnings: ₩1,095 loss per share (vs ₩86.00 loss in 3Q 2023)

ABL Bio (KOSDAQ:298380) Third Quarter 2024 Results

Key Financial Results

• Revenue: ₩7.94b (down 7.4% from 3Q 2023).
• Net loss: ₩52.5b (loss widened by ₩48.4b from 3Q 2023).
• ₩1,095 loss per share (further deteriorated from ₩86.00 loss in 3Q 2023).

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

ABL Bio Earnings Insights

Looking ahead, revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 36% growth forecast for the Biotechs industry in South Korea.

Performance of the South Korean Biotechs industry.

The company's shares are down 7.6% from a week ago.

Risk Analysis

Be aware that ABL Bio is showing 1 warning sign in our investment analysis that you should know about...

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