cBrain (CPH:CBRAIN) H1 2024 results
Key financial results
- Sales: 139.2 million crowns (up 5.6% compared to the first half of 2023).
- Net profit: 31.8 million crowns (12% less than in the first half of 2023).
- Profit margin: 23% (compared to 28% in H1 2023). The margin decline is due to higher expenses.
- Earnings per share: 1.59 crowns (compared to 1.81 crowns in the first half of 2023).
All figures shown in the graph above refer to the last 12 months (TTM)
cBrain Profit Insights
An average sales growth of 29% per year is expected for the next two years. In Europe, the growth forecast for the software industry is 10%.
Development of the market in Denmark.
The company’s share price fell 23% compared to the previous week.
Risk analysis
You still have to consider risks, for example – cBrain has 1 warning sign In our opinion, you should be aware of this.
Valuation is complex, but we are here to simplify it.
Find out if cBrain is undervalued or overvalued with our detailed analysis. Fair value estimates, potential risks, dividends, insider trading and the company’s financial condition.
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