Standard Supply (OB:STSU) Third Quarter 2024 Results
Key Financial Results
- Net loss: US$1.37m (down by 120% from US$6.77m profit in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Standard Supply Earnings Insights
Looking ahead, revenue is forecast to grow 25% p.a. on average during the next 3 years, while revenues in the Shipping industry in Norway are expected to remain flat.
Performance of the Norwegian Shipping industry.
The company's shares are down 6.3% from a week ago.
Risk Analysis
You should always think about risks. Case in point, we've spotted 4 warning signs for Standard Supply you should be aware of, and 3 of them make us uncomfortable.
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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:STSU
Undervalued with solid track record.
