Aker Carbon Capture First Quarter 2024 Earnings: kr0.11 loss per share (vs kr0.081 loss in 1Q 2023)

Aker Carbon Capture (OB:ACC) First Quarter 2024 Results

Key Financial Results

• Revenue: kr566.3m (up 97% from 1Q 2023).
• Net loss: kr67.7m (loss widened by 38% from 1Q 2023).
• kr0.11 loss per share (further deteriorated from kr0.081 loss in 1Q 2023).

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

Aker Carbon Capture Earnings Insights

Looking ahead, revenue is forecast to grow 27% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Commercial Services industry in Europe.

Performance of the market in Norway.

The company's shares are down 4.9% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 1 warning sign for Aker Carbon Capture that you should be aware of.

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