ikeGPS Group First Half 2024 Earnings: NZ$0.04 loss per share (vs NZ$0.007 profit in 1H 2023)

ikeGPS Group (NZSE:IKE) First Half 2024 Results

Key Financial Results

• Revenue: NZ$10.5m (down 32% from 1H 2023).
• Net loss: NZ$6.85m (down from NZ$1.11m profit in 1H 2023).
• NZ$0.04 loss per share (down from NZ$0.007 profit in 1H 2023).

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

ikeGPS Group Earnings Insights

Looking ahead, revenue is forecast to grow 32% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Electronic industry in Oceania.

Performance of the market in New Zealand.

The company's shares are up 1.9% from a week ago.

Risk Analysis

You should learn about the 4 warning signs we've spotted with ikeGPS Group (including 2 which can't be ignored).

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