Pyrum Innovations (OB:PYRUM) Third Quarter 2024 Results
Key Financial Results
- Revenue: €3.84m (up 50% from 3Q 2023).
- Net loss: €3.20m (loss widened by 31% from 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Pyrum Innovations Earnings Insights
Looking ahead, revenue is forecast to grow 51% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Commercial Services industry in Europe.
Performance of the market in Norway.
The company's shares are up 6.4% from a week ago.
Risk Analysis
Don't forget that there may still be risks. For instance, we've identified 2 warning signs for Pyrum Innovations that you should be aware of.
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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 OB:PYRUM
Pyrum Innovations
Engages in the development, construction, and operation of recycling plants for used tires worldwide.
High growth potential with excellent balance sheet.
