pferdewetten.de (ETR:EMH) Second Quarter 2023 Results

Key Financial Results

• Revenue: €5.70m (up 32% from 2Q 2022).

• Net loss: €2.38m (loss widened by €2.28m from 2Q 2022).

• €0.49 loss per share (further deteriorated from €0.022 loss in 2Q 2022).

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

pferdewetten.de Earnings Insights

Looking ahead, revenue is forecast to grow 26% 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

We don't want to rain on the parade too much, but we did also find 1 warning sign for pferdewetten.de that you need to be mindful of.

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