Passus Third Quarter 2024 Earnings: zł0.33 loss per share (vs zł0.74 loss in 3Q 2023)
Passus (WSE:PAS) Third Quarter 2024 Results
Key Financial Results
- Revenue: zł25.2m (up 114% from 3Q 2023).
- Net income: zł3.10m (up from zł1.53m loss in 3Q 2023).
- Profit margin: 12% (up from net loss in 3Q 2023). The move to profitability was driven by higher revenue.
- zł0.33 loss per share (improved from zł0.74 loss in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Passus shares are up 14% from a week ago.
Risk Analysis
You still need to take note of risks, for example - Passus has 4 warning signs (and 2 which don't sit too well with us) we think you should know about.
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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.
About WSE:PAS
Passus
Engages in the design and implementation of IT solutions for monitoring and improving network and application performance, and IT security in Poland.
Solid track record with adequate balance sheet.
