H2APEX Group reports earnings for the first quarter of 2024

H2APEX Group (ETR:H2A) First Quarter 2024 Results

Key financial results

Revenue: EUR 10.1 million (an increase of EUR 8.58 million compared to Q1 2023).
Net loss: EUR 4.97 million (loss higher by 13% compared to the first quarter of 2023).
Loss of 0.14 euros per share.

XTRA:H2A Earnings and Revenue Growth May 31, 2024

All data shown in the chart above is for a 12-month (TTM) period.

H2APEX group profit statistics

Looking ahead, revenues are forecast to grow by an average of 37% per year over the next 3 years, compared to a growth forecast of 11% for the electronics industry in Germany.

Efficiency German electronics industry.

The company’s shares increased by 3.7% compared to the week.

Risk assessment

Before we finish, we discovered 3 warning signs for H2APEX Group (2 are potentially serious!) you should know about.

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Find out if H2APEX Group is potentially overvalued or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial condition.

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