Stock Analysis
Solar Foods Oyj Full Year 2024 Earnings: Revenues Miss Expectations
Solar Foods Oyj (HEL:SFOODS) Full Year 2024 Results
Key Financial Results
- Revenue: €12.5m (up 54% from FY 2023).
- Net loss: €11.0m (loss widened by 23% from FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Solar Foods Oyj Revenues Disappoint
Revenue missed analyst estimates by 91%.
Looking ahead, revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Chemicals industry in Europe.
Performance of the market in Finland.
The company's shares are up 1.3% from a week ago.
Risk Analysis
You should learn about the 4 warning signs we've spotted with Solar Foods Oyj (including 1 which can't be ignored).
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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:SFOODS
Solar Foods Oyj
Operates as a food production company.
