ecotel communication ag (ETR:E4C) First Quarter 2024 Results

Key Financial Results

• Revenue: €28.3m (down 1.3% from 1Q 2023).

• Net income: €267.8k (down 94% from 1Q 2023).

• Profit margin: 0.9% (down from 15% in 1Q 2023). The decrease in margin was primarily driven by higher expenses.

• EPS: €0.08 (down from €1.27 in 1Q 2023).

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

ecotel communication ag Earnings Insights

Looking ahead, revenue is forecast to grow 9.5% p.a. on average during the next 3 years, compared to a 1.5% growth forecast for the Telecom industry in Germany.

Performance of the German Telecom industry.

The company's shares are down 2.4% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 4 warning signs for ecotel communication ag (2 are a bit concerning!) that you should be aware of.

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