Pattern Reports First Half 2024 Earnings

Simply Wall St · 09/28 06:08

Pattern (BIT:PTR) First Half 2024 Results

Key Financial Results

  • Revenue: €60.3m (down 15% from 1H 2023).
  • Net income: €2.16m (up 29% from 1H 2023).
  • Profit margin: 3.6% (up from 2.4% in 1H 2023).
earnings-and-revenue-history
BIT:PTR Earnings and Revenue History September 28th 2024

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

Pattern Earnings Insights

Looking ahead, revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 8.3% growth forecast for the Luxury industry in Italy.

Performance of the Italian Luxury industry.

The company's shares are up 3.9% from a week ago.

Risk Analysis

You should learn about the 3 warning signs we've spotted with Pattern (including 1 which is a bit concerning).