Stock Analysis
M Vest Water (OB:MVW) Second Quarter 2024 Results
Key Financial Results
- Revenue: kr9.93m (up 178% from 2Q 2023).
- Net loss: kr4.80m (loss widened by 10.0% from 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
M Vest Water Earnings Insights
Looking ahead, revenue is forecast to grow 36% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Chemicals industry in Norway.
Performance of the Norwegian Chemicals industry.
The company's shares are down 4.5% from a week ago.
Risk Analysis
We should say that we've discovered 5 warning signs for M Vest Water that you should be aware of before investing here.
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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:MVW
M Vest Water
An environmental technology company, provides water and wastewater treatment products and solutions in Norway and internationally.
