Stock Analysis
ELQ (WSE:ELQ) Second Quarter 2024 Results
Key Financial Results
- Revenue: zł21.1m (down 28% from 2Q 2023).
- Net income: zł1.49m (down 64% from 2Q 2023).
- Profit margin: 7.1% (down from 14% in 2Q 2023). The decrease in margin was driven by lower revenue.
All figures shown in the chart above are for the trailing 12 month (TTM) period
ELQ Earnings Insights
Looking ahead, revenue is forecast to grow 34% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Electrical industry in Europe.
Performance of the market in Poland.
The company's shares are up 7.1% from a week ago.
Risk Analysis
We don't want to rain on the parade too much, but we did also find 4 warning signs for ELQ (2 are a bit concerning!) that you need to be mindful of.
Valuation is complex, but we're here to simplify it.
Discover if ELQ might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.
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About WSE:ELQ
ELQ
Produces and sells transformer substations for renewable energy sources in Poland.