BRAIN Biotech (ETR:BNN) Second Quarter 2024 Results

Key Financial Results

• Revenue: €14.8m (up 8.5% from 2Q 2023).

• Net loss: €1.92m (loss narrowed by 15% from 2Q 2023).

• €0.088 loss per share (improved from €0.10 loss in 2Q 2023).

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

BRAIN Biotech Earnings Insights

Looking ahead, revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Chemicals industry in Germany.

Performance of the German Chemicals industry.

The company's shares are up 5.8% from a week ago.

Risk Analysis

We should say that we've discovered 1 warning sign for BRAIN Biotech that you should be aware of before investing here.

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