CI Games Second Quarter 2024 Earnings: EPS: zł0.014 (vs zł0.015 loss in 2Q 2023)

CI Games (WSE:CIG) Second Quarter 2024 Results

Key Financial Results

• Revenue: zł36.5m (up 194% from 2Q 2023).
• Net income: zł2.59m (up from zł2.83m loss in 2Q 2023).
• Profit margin: 7.1% (up from net loss in 2Q 2023). The move to profitability was driven by higher revenue.
• EPS: zł0.014 (up from zł0.015 loss in 2Q 2023).

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

CI Games Earnings Insights

Looking ahead, revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Entertainment industry in Poland.

Performance of the Polish Entertainment industry.

The company's shares are up 6.1% from a week ago.

Risk Analysis

You should learn about the 1 warning sign we've spotted with CI Games.

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