Magnora First Quarter 2025 Earnings: Beats Expectations

Magnora (OB:MGN) First Quarter 2025 Results

Key Financial Results

• Net income: kr40.9m (up from kr6.60m loss in 1Q 2024).
• EPS: kr0.62 (up from kr0.099 loss in 1Q 2024).

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

Magnora Revenues and Earnings Beat Expectations

Revenue exceeded analyst estimates by 70%. Earnings per share (EPS) also surpassed analyst estimates.

Looking ahead, revenue is forecast to grow 34% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Renewable Energy industry in Norway.

Performance of the Norwegian Renewable Energy industry.

The company's shares are up 7.9% from a week ago.

Risk Analysis

You should learn about the 3 warning signs we've spotted with Magnora (including 2 which are concerning).

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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.