Elliptic Laboratories Full Year 2024 Earnings: EPS: kr0.09 (vs kr0.36 loss in FY 2023)

Elliptic Laboratories (OB:ELABS) Full Year 2024 Results

Key Financial Results

• Revenue: kr133.3m (up 95% from FY 2023).
• Net income: kr8.96m (up from kr38.0m loss in FY 2023).
• Profit margin: 6.7% (up from net loss in FY 2023). The move to profitability was driven by higher revenue.
• EPS: kr0.09 (up from kr0.36 loss in FY 2023).

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

Elliptic Laboratories Earnings Insights

Looking ahead, revenue is forecast to grow 50% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Software industry in Norway.

Performance of the Norwegian Software industry.

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

Risk Analysis

We don't want to rain on the parade too much, but we did also find 3 warning signs for Elliptic Laboratories (1 doesn't sit too well with us!) that you need to be mindful of.

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