Kaldvik Full Year 2024 Earnings: Revenues Beat Expectations, EPS Lags

Kaldvik (OB:KLDVK) Full Year 2024 Results

Key Financial Results

• Revenue: €98.3m (up 219% from FY 2023).
• Net loss: €28.7m (down from €6.01m profit in FY 2023).
• €0.23 loss per share (down from €0.052 profit in FY 2023).

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

Kaldvik Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 2.1%. Earnings per share (EPS) missed analyst estimates.

In the last 12 months, the only revenue segment was Fish Farming contributing €1.0k. Notably, cost of sales worth €69.9m amounted to 71% of total revenue thereby underscoring the impact on earnings.Explore how KLDVK's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 26% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Food industry in Norway.

Performance of the Norwegian Food industry.

The company's shares are down 6.1% from a week ago.

Balance Sheet Analysis

While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. See our latest analysis on Kaldvik's balance sheet health.

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