Answear.com Second Quarter 2024 Earnings: zł0.92 loss per share (vs zł0.65 profit in 2Q 2023)

Answear.com (WSE:ANR) Second Quarter 2024 Results

Key Financial Results

• Revenue: zł343.4m (up 20% from 2Q 2023).
• Net loss: zł17.6m (down by 254% from zł11.4m profit in 2Q 2023).
• zł0.92 loss per share (down from zł0.65 profit in 2Q 2023).

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

Answear.com Earnings Insights

Looking ahead, revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Specialty Retail industry in Poland.

Performance of the Polish Specialty Retail industry.

The company's shares are down 3.7% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 3 warning signs for Answear.com you should be aware of, and 1 of them doesn't sit too well with us.

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