Digital Bros Full Year 2024 Earnings: Misses Expectations

Simply Wall St · 09/28 07:23

Digital Bros (BIT:DIB) Full Year 2024 Results

Key Financial Results

  • Revenue: €117.9m (flat on FY 2023).
  • Net loss: €2.21m (down by 123% from €9.68m profit in FY 2023).
  • €0.16 loss per share (down from €0.68 profit in FY 2023).
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BIT:DIB Earnings and Revenue Growth September 28th 2024

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

Digital Bros Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 3.5%. Earnings per share (EPS) was also behind analyst expectations.

Looking ahead, revenue is forecast to grow 16% p.a. on average during the next 2 years, compared to a 8.1% growth forecast for the Entertainment industry in Italy.

Performance of the Italian Entertainment industry.

The company's shares are down 9.8% from a week ago.

Risk Analysis

Before you take the next step you should know about the 1 warning sign for Digital Bros that we have uncovered.