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Smartspace Software First Half 2024 Earnings: UK£0.024 loss per share (vs UK£0.038 loss in 1H 2023)

Smartspace Software (LON:SMRT) First Half 2024 Results

Key Financial Results

  • Revenue: UK£2.74m (up 16% from 1H 2023).

  • Net loss: UK£705.0k (loss narrowed by 35% from 1H 2023).

  • UK£0.024 loss per share (improved from UK£0.038 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

Smartspace Software Earnings Insights

Looking ahead, revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 8.1% growth forecast for the Software industry in the United Kingdom.

Performance of the British Software industry.

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

Risk Analysis

Before we wrap up, we've discovered 2 warning signs for Smartspace Software (1 doesn't sit too well with us!) that you should be aware of.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

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.