Remedy Entertainment Oyj Full Year 2024 Earnings: Beats Expectations

Remedy Entertainment Oyj (HEL:REMEDY) Full Year 2024 Results

Key Financial Results

• Revenue: €50.7m (up 49% from FY 2023).
• Net loss: €3.60m (loss narrowed by 84% from FY 2023).
• €0.27 loss per share (improved from €1.68 loss in FY 2023).

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

Remedy Entertainment Oyj Revenues and Earnings Beat Expectations

Revenue exceeded analyst estimates by 1.2%. Earnings per share (EPS) also surpassed analyst estimates by 17%.

Looking ahead, revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Entertainment industry in Europe.

Performance of the market in Finland.

The company's shares are up 7.1% from a week ago.

Balance Sheet Analysis

Just as investors must consider earnings, it is also important to take into account the strength of a company's balance sheet. We've done some analysis and you can see our take on Remedy Entertainment Oyj's balance sheet.

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