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Beyond Frames Entertainment Announces First Quarter 2024 Earnings

Beyond Frames Entertainment (FRA:8WP) Q1 2024 Results

Key financial results

  • Revenue: 69.2 million kr (218% increase compared to Q1 2023).
  • Net profit: PLN 779.0 thousand kr (compared to a loss of 3.75 million kr in the first quarter of 2023).
  • Profit margin: 1.1% (increase from net loss in Q1 2023). The move to profitability was driven by higher revenues.
DB:8WP Earnings and Revenue History, May 29, 2024

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

Beyond Frames Entertainment earnings information

Looking ahead, revenues are forecast to grow at an average of 4.7% per year over the next 3 years, compared to a growth forecast for the German entertainment industry of 5.4%.

Efficiency German entertainment industry.

The company’s shares increased by 1.4% compared to the week.

Risk assessment

We should say we discovered it 2 warning signs for Beyond Frames Entertainment (1 is potentially serious!) that you should know before investing here.

Pricing is complex, but we help simplify it.

Find out whether Beyond Frames Entertainment is potentially overvalued or undervalued by checking out our comprehensive analysis that covers fair value estimates, risks and warnings, dividends, insider transactions and financial condition.

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This article by Simply Wall St is of a general nature. We comment based on historical data and analyst forecasts, using only an unbiased methodology, and our articles are not intended to provide financial advice. It is not a recommendation to buy or sell any stock and does not take into account your objectives or financial situation. Our goal is to provide long-term, focused analysis based on fundamental data. Please note that our analysis may not reflect the latest price-sensitive company announcements or qualitative content. Simply Wall St has no position in any of the stocks mentioned.