Stock Analysis
Tecnotree Oyj First Quarter 2024 Earnings: EPS: €0.01 (vs €0.11 in 1Q 2023)
Tecnotree Oyj (HEL:TEM1V) First Quarter 2024 Results
Key Financial Results
- Revenue: €16.3m (up 5.2% from 1Q 2023).
- Net income: €1.60m (down 11% from 1Q 2023).
- Profit margin: 9.8% (down from 12% in 1Q 2023). The decrease in margin was driven by higher expenses.
- EPS: €0.01 (down from €0.11 in 1Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Tecnotree Oyj Earnings Insights
Looking ahead, revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Software industry in Finland.
Performance of the Finnish Software industry.
The company's shares are down 19% from a week ago.
Risk Analysis
You should learn about the 1 warning sign we've spotted with Tecnotree Oyj.
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About HLSE:TEM1V
Tecnotree Oyj
Tecnotree Oyj supplies telecommunication IT solutions for charging, billing, customer care, and messaging and content services in Europe, the Americas, the Middle East, Africa, and the Asia Pacific.
Undervalued with excellent balance sheet.