City of London Investment Group (LON:CLIG) H1 2024 results
Main financial results
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Revenue: USD 34.2 million (up 2.1% from 1H 2023).
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Net profit: USD 8.22 million (down 2.5% from 1H 2023).
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Margin: 24% (down from 25% in 1H 2023). The decrease in profit margin was due to an increase in expenses.
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EPS: USD 0.17 (down from USD 0.17 in 1H 2023).
All numbers shown in the chart above are for the trailing 12 month (TTM) period.
City of London Investment Group Earnings Insights
Looking ahead, revenues are expected to increase by an average of 3.7% per year over the next two years, compared to a growth forecast of 2.7% for the UK capital markets industry.
performance of UK Capital Markets Industry.
The company’s stock fell 1.3% from the previous week.
risk analysis
I should say we discovered 1 warning sign for City of London Investment Group What you need to know before investing here.
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