Allgeier (ETR:AEIN) Second Quarter 2024 Results

Key Financial Results

• Revenue: €114.6m (down 3.9% from 2Q 2023).

• Net loss: €992.0k (down from €71.0k profit in 2Q 2023).

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

Allgeier Earnings Insights

Looking ahead, revenue is forecast to grow 7.0% p.a. on average during the next 3 years, compared to a 8.2% growth forecast for the IT industry in Germany.

Performance of the German IT industry.

The company's shares are up 4.9% from a week ago.

Risk Analysis

It is worth noting though that we have found 2 warning signs for Allgeier (1 is a bit concerning!) that you need to take into consideration.

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