Scandinavian Medical Solutions Reports Full Year 2023 Earnings

Scandinavian Medical Solutions (CPH:SMSMED) Full Year 2023 Results

Key Financial Results

• Revenue: kr.191.2m (up 73% from FY 2022).
• Net income: kr.12.2m (up 7.5% from FY 2022).
• Profit margin: 6.4% (down from 10% in FY 2022). The decrease in margin was driven by higher expenses.

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

Scandinavian Medical Solutions shares are down 24% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 4 warning signs for Scandinavian Medical Solutions (1 is significant!) that you should be aware of.

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