In This Article:
BRAIN Biotech (ETR:BNN) Full Year 2024 Results
Key Financial Results
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Revenue: €55.5m (down 1.3% from FY 2023).
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Net loss: €11.1m (loss widened by 34% from FY 2023).
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€0.51 loss per share (further deteriorated from €0.38 loss in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
BRAIN Biotech Revenues and Earnings Miss Expectations
Revenue missed analyst estimates by 5.6%. Earnings per share (EPS) also missed analyst estimates by 87%.
The primary driver behind last 12 months revenue was the Bioproducts segment contributing a total revenue of €42.6m (77% of total revenue). The largest operating expense was General & Administrative costs, amounting to €26.4m (63% of total expenses). Explore how BNN's revenue and expenses shape its earnings.
Looking ahead, revenue is forecast to grow 7.6% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Chemicals industry in Germany.
Performance of the German Chemicals industry.
The company's shares are down 6.5% from a week ago.
Risk Analysis
We don't want to rain on the parade too much, but we did also find 2 warning signs for BRAIN Biotech that you need to be mindful of.
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