AEM Holdings Second Quarter 2024 Earnings: S$0.005 loss per share (vs S$0.013 profit in 2Q 2023)

AEM Holdings (SGX:AWX) Second Quarter 2024 Results

Key Financial Results

• Revenue: S$79.4m (down 35% from 2Q 2023).
• Net loss: S$1.52m (down by 137% from S$4.10m profit in 2Q 2023).
• S$0.005 loss per share (down from S$0.013 profit in 2Q 2023).

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

AEM Holdings Earnings Insights

Looking ahead, revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Semiconductor industry in Asia.

Performance of the market in Singapore.

The company's shares are down 14% from a week ago.

Balance Sheet Analysis

Just as investors must consider earnings, it is also important to take into account the strength of a company's balance sheet. We have a graphic representation of AEM Holdings' balance sheet and an in-depth analysis of the company's financial position.

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.