Yahoo Finance Argentex Group Reports First Half 2023 Earnings
Argentex Group (LON:AGFX) First Half 2023 Results
Key Financial Results
Revenue: UK£25.0m (up 28% from 1H 2022).
Net income: UK£3.20m (up 14% from 1H 2022).
Profit margin: 13% (down from 14% in 1H 2022). The decrease in margin was driven by higher expenses.
All figures shown in the chart above are for the trailing 12 month (TTM) period
Argentex Group Earnings Insights
Looking ahead, revenue is forecast to grow 20% p.a. on average during the next 2 years, while revenues in the Capital Markets industry in the United Kingdom are expected to remain flat.
Performance of the British Capital Markets industry.
The company's shares are down 12% from a week ago.
Risk Analysis
You should always think about risks. Case in point, we've spotted 1 warning sign for Argentex Group you should be aware of.
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