Stock Analysis

Comp Reports Second Quarter 2024 Earnings

Published
WSE:CMP

Comp (WSE:CMP) Second Quarter 2024 Results

Key Financial Results

  • Revenue: zł207.8m (down 11% from 2Q 2023).
  • Net income: zł11.6m (up 24% from 2Q 2023).
  • Profit margin: 5.6% (up from 4.1% in 2Q 2023). The increase in margin was driven by lower expenses.
WSE:CMP Earnings and Revenue History September 1st 2024

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

Comp Earnings Insights

Looking ahead, revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the IT industry in Europe.

Performance of the market in Poland.

The company's shares are up 1.8% from a week ago.

Balance Sheet Analysis

While earnings are important, another area to consider is the balance sheet. See our latest analysis on Comp's balance sheet health.

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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.