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Elanor Investors Group First Half 2024 Earnings: AU$0.091 loss per share (vs AU$0.003 loss in 1H 2023)

Elanor Investors Group (ASX:ENN) First Half 2024 Results

Key Financial Results

  • Revenue: AU$78.1m (down 4.9% from 1H 2023).

  • Net loss: AU$9.20m (loss widened by AU$8.86m from 1H 2023).

  • AU$0.091 loss per share (further deteriorated from AU$0.003 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

Elanor Investors Group Earnings Insights

Looking ahead, revenue is expected to decline by 24% p.a. on average during the next 3 years, while revenues in the Hospitality industry in Australia are expected to grow by 6.7%.

Performance of the Australian Hospitality industry.

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The company's shares are down 5.2% from a week ago.

Risk Analysis

You still need to take note of risks, for example - Elanor Investors Group has 3 warning signs (and 1 which doesn't sit too well with us) we think you should know about.

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.