Avantium (AMS:AVTX) H1 2024 results

Key financial results

• Sales: €11.3 million (up 56% compared to the first half of 2023).

• Net loss: €12.4 million (loss reduced by 33% from H1 2023).

• €0.19 loss per share (improvement compared to €0.48 loss in the first half of 2023).

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

Insights into Avantium’s earnings

An average turnover growth of 56% per annum is expected for the next three years. In the Dutch service sector, however, growth of 5.1% is forecast.

Performance of Dutch professional services industry.

The company’s share price fell 12% compared to the previous week.

Risk analysis

There are still risks to be kept in mind, for example: Avantium has 4 warning signs (and 1 that makes us a little uncomfortable) that we think you should know about.

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