Akastor Reports First Quarter 2025 Earnings

Simply Wall St

Akastor (OB:AKAST) First Quarter 2025 Results

Key Financial Results

  • Revenue: kr76.0m (down 88% from 1Q 2024).
  • Net loss: kr197.0m (down by 133% from kr594.0m profit in 1Q 2024).
We've discovered 1 warning sign about Akastor. View them for free.
OB:AKAST Earnings and Revenue History May 3rd 2025

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

Akastor Earnings Insights

Looking ahead, revenue is forecast to grow 9.0% p.a. on average during the next 2 years, compared to a 3.2% growth forecast for the Energy Services industry in Norway.

Performance of the Norwegian Energy Services industry.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

It is worth noting though that we have found 1 warning sign for Akastor that you need to take into consideration.

Valuation is complex, but we're here to simplify it.

Discover if Akastor might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.

Access Free Analysis

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

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.