Immuron (ASX:IMC) Full Year 2024 Results

Key Financial Results

• Revenue: AU$4.90m (up 172% from FY 2023).

• Net loss: AU$6.94m (loss widened by 83% from FY 2023).

• AU$0.03 loss per share (further deteriorated from AU$0.017 loss in FY 2023).

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

Immuron Earnings Insights

Looking ahead, revenue is forecast to grow 60% p.a. on average during the next 2 years, compared to a 8.0% growth forecast for the Biotechs industry in Australia.

Performance of the Australian Biotechs industry.

The company's shares are down 4.8% from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 3 warning signs for Immuron that you need to be mindful of.

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