Forever Entertainment has PLN 3.05 mln net profit and PLN 3.65 mln EBIT in Q2
17:16
In the second quarter of 2024, Forever Entertainment reported a net profit of PLN 3.05 million, up from PLN 1.65 million the previous year. Operating profit increased to PLN 3.65 million from PLN 1.71 million y/y. Net sales revenue rose to PLN 10.16 million from PLN 7.65 million.
The company's EBITDA margin improved to 36.5% from 23.4%, and operating margin rose to approximately 36% from 22.4%. Net margin increased to 30% from 21.5%.
For the first half of 2024, net profit was PLN 4.08 million, up from PLN 2.9 million the previous year, with revenues slightly down to PLN 17.22 million from PLN 17.71 million. EBITDA margin was 30.6% compared to 21.1% in H1 2023, and net margin improved to 23.7% from 16.4%.
