HomeToGo (ETR:HTG) Second Quarter 2023 Results

Key Financial Results

• Revenue: €42.8m (up 14% from 2Q 2022).

• Net loss: €5.77m (loss narrowed by 69% from 2Q 2022).

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

HomeToGo Earnings Insights

Looking ahead, revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Hospitality industry in Germany.

Performance of the German Hospitality industry.

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

Risk Analysis

It's still necessary to consider the ever-present spectre of investment risk. We've identified 1 warning sign with HomeToGo, and understanding it should be part of your investment process.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.