Itaconix First Half 2023 Earnings: US$0.054 loss per share (vs US$0.13 loss in 1H 2022)
Itaconix (LON:ITX) First Half 2023 Results
Key Financial Results
Revenue: US$4.03m (up 32% from 1H 2022).
Net loss: US$694.0k (loss narrowed by 38% from 1H 2022).
US$0.054 loss per share (improved from US$0.13 loss in 1H 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Itaconix Earnings Insights
Looking ahead, revenue is forecast to grow 30% p.a. on average during the next 3 years, compared to a 6.4% decline forecast for the Chemicals industry in the United Kingdom.
Performance of the British Chemicals industry.
The company's shares are down 4.1% from a week ago.
Risk Analysis
Don't forget that there may still be risks. For instance, we've identified 3 warning signs for Itaconix that you should be aware of.
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