Cyber_Folks First Quarter 2024 Earnings: EPS: zł1.11 (vs zł0.64 in 1Q 2023)

Cyber_Folks (WSE:CBF) First Quarter 2024 Results

Key Financial Results

• Revenue: zł144.3m (up 31% from 1Q 2023).
• Net income: zł15.7m (up 73% from 1Q 2023).
• Profit margin: 11% (up from 8.2% in 1Q 2023). The increase in margin was driven by higher revenue.
• EPS: zł1.11 (up from zł0.64 in 1Q 2023).

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

Cyber_Folks Earnings Insights

Looking ahead, revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 1.8% growth forecast for the Telecom industry in Europe.

Performance of the market in Poland.

The company's shares are up 6.1% from a week ago.

Balance Sheet Analysis

While earnings are important, another area to consider is the balance sheet. We've done some analysis and you can see our take on Cyber_Folks' balance sheet.

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