Lifecare Third Quarter 2024 Earnings: kr1.07 loss per share (vs kr0.78 loss in 3Q 2023)

Lifecare (OB:LIFE) Third Quarter 2024 Results

Key Financial Results

• Net loss: kr15.1m (loss widened by 114% from 3Q 2023).
• kr1.07 loss per share (further deteriorated from kr0.78 loss in 3Q 2023).

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

Lifecare Earnings Insights

Looking ahead, revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Medical Equipment industry in Europe.

Performance of the market in Norway.

The company's shares are down 8.6% from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 6 warning signs for Lifecare (2 are a bit concerning!) that you need to be mindful of.

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