Evli Oyj (HEL:EVLI) Third Quarter 2024 Results
Key Financial Results
- Revenue: €26.8m (down 2.2% from 3Q 2023).
- Net income: €7.50m (down 1.3% from 3Q 2023).
- Profit margin: 28% (in line with 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Evli Oyj Revenues Disappoint
Revenue missed analyst estimates by 6.8%.
Looking ahead, revenue is expected to decline by 2.8% p.a. on average during the next 3 years, while revenues in the Capital Markets industry in Finland are expected to grow by 3.7%.
Performance of the Finnish Capital Markets industry.
The company's share price is broadly unchanged from a week ago.
Risk Analysis
Before you take the next step you should know about the 3 warning signs for Evli Oyj (1 is concerning!) that we have uncovered.
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Discover if Evli Oyj might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.
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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 HLSE:EVLI
Evli Oyj
Operates as an asset manager serving institutional, corporate, and private clients in Finland, Sweden, and internationally.
Outstanding track record, undervalued and pays a dividend.
