Town Centre Securities Full Year 2024 Earnings: UK£0.18 loss per share (vs UK£0.60 loss in FY 2023)

Simply Wall St · 10/17 05:01

Town Centre Securities (LON:TOWN) Full Year 2024 Results

Key Financial Results

  • Revenue: UK£32.0m (up 5.3% from FY 2023).
  • Net loss: UK£8.01m (loss narrowed by 73% from FY 2023).
  • UK£0.18 loss per share (improved from UK£0.60 loss in FY 2023).
earnings-and-revenue-growth
LSE:TOWN Earnings and Revenue Growth October 17th 2024

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

Town Centre Securities Earnings Insights

Looking ahead, revenue is expected to decline by 5.1% p.a. on average during the next 2 years, while revenues in the REITs industry in the United Kingdom are expected to grow by 2.0%.

Performance of the British REITs industry.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 3 warning signs for Town Centre Securities (1 can't be ignored) you should be aware of.