Avantium (AMS:AVTX) First Half 2024 Results

Key Financial Results

• Revenue: €11.3m (up 56% from 1H 2023).

• Net loss: €12.4m (loss narrowed by 33% from 1H 2023).

• €0.19 loss per share (improved from €0.48 loss in 1H 2023).

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

Avantium Earnings Insights

Looking ahead, revenue is forecast to grow 56% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Professional Services industry in the Netherlands.

Performance of the Dutch Professional Services industry.

The company's shares are down 12% from a week ago.

Risk Analysis

You still need to take note of risks, for example - Avantium has 4 warning signs (and 1 which makes us a bit uncomfortable) we think you should know about.

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