EARNZ (LON:EARN) Announces Earnings Results

EARNZ (LON:EARN) released its quarterly earnings results on Tuesday. The company reported GBX (1.50) EPS for the quarter, Digital Look Earnings reports. The company had revenue of GBX 1,178 million during the quarter. EARNZ had a negative net margin of 28.98% and a negative return on equity of 49.66%.

EARNZ Trading Down 5.6%

LON EARN opened at GBX 4.25 on Wednesday. The firm has a market capitalization of £9.99 million, a P/E ratio of 1.49 and a beta of 0.25. The business has a fifty day simple moving average of GBX 4.72 and a 200 day simple moving average of GBX 4.83. EARNZ has a 12 month low of GBX 2.80 and a 12 month high of GBX 6.85.

About EARNZ

EARNZ plc does not have significant operations. Previously it was engaged in the manufactures and commercializes solar technology. It focuses to seek acquisition targets in the energy services sector. The company was formerly known as Verditek PLC and changed its name to EARNZ plc in March 2024. EARNZ plc was incorporated in 2016 and is based in London, the United Kingdom.