Stock Analysis

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

WSE:CIG
Source: Shutterstock

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).
earnings-and-revenue-growth
WSE:CIG Earnings and Revenue Growth September 28th 2024

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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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.