OM:GOMXAerospace & Defense
GomSpace Group (OM:GOMX) Stock Profit Return Meets Cash Burn And Rich P/E
GomSpace Group stock has climbed 6.5% over the past week, yet still sits roughly 42% lower over three months, which shows how weak sentiment was coming into this earnings report. The headline this quarter is simple: the small-satellite specialist is now putting profit on the table, with Q2 net income of SEK 8.2m on revenue of SEK 112.6m and a trailing P/E of 54.6x that reflects substantial expectations for future execution.
Impressed that GomSpace Group is now posting a profit but wary of a...