Time: 2024-05-23
Cyber_Folks ( ) First Quarter 2024 Results
Key Financial Results
Revenue: z144.3m, showing a 31% increase from 1Q 2023. Net income also saw a significant rise, reaching z15.7m, a 73% increase from the same period last year. The profit margin rose to 11%, up from 8.2% in 1Q 2023, driven by higher revenue. EPS stands at z1.11, a notable increase from z0.64 in 1Q 2023. These positive financial results indicate a strong performance for Cyber_Folks in the first quarter.
Looking ahead, revenue is forecasted to grow by an average of 12% annually over the next 3 years, outperforming the Telecom industry in Europe, which is expected to grow at a rate of 1.8%. The company's shares have also shown a 6.1% increase from the previous week, reflecting investor confidence in Cyber_Folks.
While earnings are essential, evaluating the balance sheet is crucial. Understanding the company's valuation is key to making informed investment decisions. By analyzing factors like fair value estimates, risks, dividends, and financial health, investors can determine if Cyber_Folks is over or undervalued. For a comprehensive analysis, including insider transactions and warnings, visit the Free Analysis provided by Simply Wall St.
For any feedback or concerns regarding this article, please get in touch with us. Remember, the information presented by Simply Wall St is based on historical data and analyst forecasts, offering unbiased analysis. It is not financial advice and does not consider individual financial situations. Our goal is to provide long-term focused analysis using fundamental data, without factoring in the latest company announcements or qualitative material. Simply Wall St does not have any holdings in the mentioned stocks.
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