ZE PAK First Quarter 2024 Earnings: zł0.09 loss per share (vs zł7.36 loss in 1Q 2023)

ZE PAK (WSE:ZEP) First Quarter 2024 Results

Key Financial Results

• Revenue: zł519.6m (down 53% from 1Q 2023).
• Net loss: zł4.64m (loss narrowed by 99% from 1Q 2023).
• zł0.09 loss per share (improved from zł7.36 loss in 1Q 2023).

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

ZE PAK Earnings Insights

Looking ahead, revenue is expected to decline by 22% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in Europe are expected to grow by 1.0%.

Performance of the market in Poland.

The company's shares are down 7.7% from a week ago.

Risk Analysis

It is worth noting though that we have found 2 warning signs for ZE PAK that you need to take into consideration.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

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.