Agilyx (OB:AGLX) First Half 2024 Results
Key Financial Results
- Net loss: US$11.5m (loss widened by 4.0% from 1H 2023).
- US$0.12 loss per share.
All figures shown in the chart above are for the trailing 12 month (TTM) period
Agilyx Revenues and Earnings Miss Expectations
Revenue missed analyst estimates by 85%. Earnings per share (EPS) also missed analyst estimates by 71%.
Looking ahead, revenue is forecast to grow 53% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Commercial Services industry in Europe.
Performance of the market in Norway.
The company's shares are down 11% from a week ago.
Risk Analysis
It is worth noting though that we have found 2 warning signs for Agilyx that you need to take into consideration.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About OB:AGLX
Agilyx
A technology company, engages in the chemically recycling of difficult-to-recycle post-use plastic streams.
Flawless balance sheet with high growth potential.
