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Cobalt Blue Holdings First Half 2024 Earnings: AU$0.009 loss per share (vs AU$0.009 loss in 1H 2023)

Cobalt Blue Holdings (ASX:COB) First Half 2024 Results

Key Financial Results

  • Net loss: AU$3.48m (loss widened by 16% from 1H 2023).

  • AU$0.009 loss per share (in line with 1H 2023).

earnings-and-revenue-history
ASX:COB Earnings and Revenue History March 15th 2024

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

Cobalt Blue Holdings Earnings Insights

Looking ahead, revenue is expected to decline by 172% p.a. on average during the next 2 years, while revenues in the Metals and Mining industry in Australia are expected to grow by 1.6%.

Performance of the Australian Metals and Mining industry.

The company's shares are down 6.5% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 6 warning signs for Cobalt Blue Holdings (of which 2 are significant!) you should know about.

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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.