Stock Analysis

Equnico Reports Third Quarter 2024 Earnings

WSE:EQU
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Equnico (WSE:EQU) Third Quarter 2024 Results

Key Financial Results

  • Revenue: zł24.5m (up 133% from 3Q 2023).
  • Net income: zł3.37m (up from zł3.94m loss in 3Q 2023).
  • Profit margin: 14% (up from net loss in 3Q 2023). The move to profitability was driven by higher revenue.
earnings-and-revenue-history
WSE:EQU Earnings and Revenue History December 1st 2024

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

Equnico shares are up 1.7% from a week ago.

Risk Analysis

Be aware that Equnico is showing 3 warning signs in our investment analysis and 1 of those is a bit concerning...

Valuation is complex, but we're here to simplify it.

Discover if Equnico 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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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.