ReNeuron Group First Half 2023 Earnings: UK£0.056 loss per share (vs UK£0.092 loss in 1H 2022)

ReNeuron Group (LON:RENE) First Half 2023 Results

Key Financial Results

  • Net loss: UK£3.18m (loss narrowed by 39% from 1H 2022).

  • UK£0.056 loss per share (improved from UK£0.092 loss in 1H 2022).

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

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

ReNeuron Group Earnings Insights

Looking ahead, revenue is forecast to grow 5.2% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Biotechs industry in the United Kingdom.

Performance of the British Biotechs industry.

The company's shares are down 38% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 6 warning signs for ReNeuron Group you should be aware of, and 3 of them don't sit too well with us.

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.

Join A Paid User Research Session
You’ll receive a US$30 Amazon Gift card for 1 hour of your time while helping us build better investing tools for the individual investors like yourself. Sign up here