Witted Megacorp Oyj (HEL:WITTED) Third Quarter 2024 Results
Key Financial Results
- Revenue: €11.4m (down 16% from 3Q 2023).
- Net loss: €63.0k (loss narrowed by 92% from 3Q 2023).
- €0.004 loss per share.
All figures shown in the chart above are for the trailing 12 month (TTM) period
Witted Megacorp Oyj Earnings Insights
Looking ahead, revenue is expected to decline by 1.5% p.a. on average during the next 2 years, while revenues in the IT industry in Finland are expected to grow by 2.5%.
Performance of the Finnish IT industry.
The company's share price is broadly unchanged from a week ago.
Risk Analysis
You should learn about the 3 warning signs we've spotted with Witted Megacorp Oyj (including 1 which can't be ignored).
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About HLSE:WITTED
Witted Megacorp Oyj
Operates as a software development company in Finland, Norway, and Sweden.
Flawless balance sheet low.
