ATON Green Storage Reports First Half 2023 Earnings

Simply Wall St · 09/28 06:12

ATON Green Storage (BIT:ATON) First Half 2023 Results

Key Financial Results

  • Revenue: €22.5m (down 13% from 1H 2022).
  • Net income: €2.10m (down 44% from 1H 2022).
  • Profit margin: 9.4% (down from 14% in 1H 2022). The decrease in margin was driven by lower revenue.
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BIT:ATON Earnings and Revenue Growth September 28th 2024

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

ATON Green Storage Earnings Insights

Looking ahead, revenue is forecast to grow 2.6% p.a. on average during the next 4 years, compared to a 9.3% growth forecast for the Electrical industry in Italy.

Performance of the Italian Electrical industry.

The company's shares are down 33% from a week ago.

Risk Analysis

You should learn about the 3 warning signs we've spotted with ATON Green Storage (including 2 which are significant).