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Naked Wines First Half 2024 Earnings: UK£0.16 loss per share (vs UK£0.006 loss in 1H 2023)

Naked Wines (LON:WINE) First Half 2024 Results

Key Financial Results

  • Revenue: UK£132.3m (down 20% from 1H 2023).

  • Net loss: UK£11.7m (loss widened by UK£11.2m from 1H 2023).

  • UK£0.16 loss per share (further deteriorated from UK£0.006 loss in 1H 2023).

earnings-and-revenue-history
earnings-and-revenue-history

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

Naked Wines Earnings Insights

Looking ahead, revenue is expected to decline by 1.9% p.a. on average during the next 3 years, while revenues in the Consumer Retailing industry in the United Kingdom are expected to grow by 4.4%.

Performance of the British Consumer Retailing industry.

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The company's shares are up 21% from a week ago.

Risk Analysis

Be aware that Naked Wines is showing 2 warning signs in our investment analysis and 1 of those is a bit concerning...

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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.