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- WSE:PEN
Photon Energy Second Quarter 2024 Earnings: €0.049 loss per share (vs €0.048 loss in 2Q 2023)
Photon Energy (WSE:PEN) Second Quarter 2024 Results
Key Financial Results
- Revenue: €25.7m (up 23% from 2Q 2023).
- Net loss: €2.74m (loss narrowed by 17% from 2Q 2023).
- €0.049 loss per share.
All figures shown in the chart above are for the trailing 12 month (TTM) period
Photon Energy Earnings Insights
Looking ahead, revenue is forecast to grow 22% 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 down 1.1% from a week ago.
Balance Sheet Analysis
While earnings are important, another area to consider is the balance sheet. We've done some analysis and you can see our take on Photon Energy's balance sheet.
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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 WSE:PEN
Photon Energy
Through its subsidiaries, provides solar power solutions and services in the Netherlands, the Czech Republic, Hungary, Poland, Australia, Romania, Slovak Republic, and Germany.
High growth potential with mediocre balance sheet.