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Agilyx earnings in the first half of 2024: expectations will not be met


Agilyx earnings in the first half of 2024: expectations will not be met

Agilyx (OB:AGLX) H1 2024 results

Key financial results

  • Net loss: $11.5 million (loss increased by 4.0% from H1 2023).
  • $0.12 loss per share.
Profit and sales growth
OB:AGLX Earnings and Revenue Growth August 25, 2024

All figures shown in the graph above refer to the last 12 months (TTM)

Agilyx’s sales and profits miss expectations

Sales missed analysts’ estimates by 85%. Earnings per share (EPS) also missed analysts’ estimates by 71%.

An average turnover growth of 53% per annum is expected for the next three years. In a European comparison, the growth forecast for the commercial services sector is 5.2%.

Development of the market in Norway.

The company’s share price fell 11% compared to the previous week.

Risk analysis

However, it is worth noting that we have found 2 warning signs for Agilyx that you need to take into account.

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This Simply Wall St article is of a general nature. We comment solely on the basis of historical data and analyst forecasts, using an unbiased methodology. Our articles do not constitute 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 you with long-term analysis based on fundamental data. Note that our analysis may not take into account the latest price-sensitive company announcements or qualitative materials. Simply Wall St does not hold any of the stocks mentioned.

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