Sygnity Third Quarter 2024 Earnings: EPS: zł0.33 (vs zł0.22 in 3Q 2023)

Sygnity (WSE:SGN) Third Quarter 2024 Results

Key Financial Results

• Revenue: zł69.5m (up 34% from 3Q 2023).
• Net income: zł7.40m (up 45% from 3Q 2023).
• Profit margin: 11% (in line with 3Q 2023).
• EPS: zł0.33 (up from zł0.22 in 3Q 2023).

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

Sygnity Earnings Insights

Looking ahead, revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the IT industry in Europe.

Performance of the market in Poland.

The company's share price is broadly unchanged from a week ago.

Balance Sheet Analysis

While earnings are important, another area to consider is the balance sheet. We have a graphic representation of Sygnity's balance sheet and an in-depth analysis of the company's financial position.

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