Stock Analysis

Magna Polonia Reports Third Quarter 2024 Earnings

WSE:06N
Source: Shutterstock

Magna Polonia (WSE:06N) Third Quarter 2024 Results

Key Financial Results

  • Revenue: zł5.37m (up 171% from 3Q 2023).
  • Net income: zł76.0k (up from zł588.0k loss in 3Q 2023).
  • Profit margin: 1.4% (up from net loss in 3Q 2023).
earnings-and-revenue-history
WSE:06N Earnings and Revenue History November 25th 2024

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

Magna Polonia shares are down 6.3% from a week ago.

Risk Analysis

It's necessary to consider the ever-present spectre of investment risk. We've identified 4 warning signs with Magna Polonia (at least 2 which can't be ignored), and understanding them should be part of your investment process.

New: Manage All Your Stock Portfolios in One Place

We've created the ultimate portfolio companion for stock investors, and it's free.

• Connect an unlimited number of Portfolios and see your total in one currency
• Be alerted to new Warning Signs or Risks via email or mobile
• Track the Fair Value of your stocks

Try a Demo Portfolio for Free

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

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.