Xplora Technologies Reports Third Quarter 2024 Earnings

Xplora Technologies (OB:XPLRA) Third Quarter 2024 Results

Key Financial Results

• Revenue: kr257.1m (up 35% from 3Q 2023).
• Net income: kr13.5m (up from kr10.3m loss in 3Q 2023).
• Profit margin: 5.2% (up from net loss in 3Q 2023). The move to profitability was driven by higher revenue.

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

Xplora Technologies Earnings Insights

Looking ahead, revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Electronic industry in Norway.

Performance of the Norwegian Electronic industry.

The company's shares are up 14% from a week ago.

Risk Analysis

We should say that we've discovered 1 warning sign for Xplora Technologies that you should be aware of before investing here.

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