Stock Analysis

Shape Robotics Reports Third Quarter 2024 Earnings

CPSE:SHAPE
Source: Shutterstock

Shape Robotics (CPH:SHAPE) Third Quarter 2024 Results

Key Financial Results

  • Revenue: kr.71.1m (up 146% from 3Q 2023).
  • Net income: kr.955.0k (up from kr.3.10m loss in 3Q 2023).
  • Profit margin: 1.3% (up from net loss in 3Q 2023). The move to profitability was driven by higher revenue.
earnings-and-revenue-history
CPSE:SHAPE Earnings and Revenue History November 23rd 2024

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

Shape Robotics' share price is broadly unchanged from a week ago.

Risk Analysis

We should say that we've discovered 4 warning signs for Shape Robotics (2 don't sit too well with us!) that you should be aware of before investing here.

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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.

About CPSE:SHAPE

Shape Robotics

An educational technology company, provides schools with classroom technology for science, technology, engineering, arts, and mathematics (STEAM) education in Denmark, Romania, Poland, the United States, and internationally.

Slight with mediocre balance sheet.

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