Magnora Past Earnings Performance
Past criteria checks 0/6
Magnora has been growing earnings at an average annual rate of 32.3%, while the Renewable Energy industry saw earnings growing at 14.5% annually. Revenues have been growing at an average rate of 10.2% per year.
Key information
32.33%
Earnings growth rate
32.63%
EPS growth rate
| Renewable Energy Industry Growth | 29.80% |
| Revenue growth rate | 10.19% |
| Return on equity | -23.37% |
| Net Margin | -127.29% |
| Next Earnings Update | 16 Jul 2026 |
Recent past performance updates
Recent updates
MGN: Data Center Pipeline And Downgrades Will Shape Future Return Potential
Analysts have nudged their fair value estimate for Magnora from NOK 31.04 to NOK 32.61, reflecting updated assumptions on revenue growth, profitability and a much higher future P/E multiple after recent downgrades in Street research. Analyst Commentary Recent Street research has tilted more cautious on Magnora, even as the internal fair value estimate moves modestly higher to NOK 32.61.MGN: New Data Center Project Will Drive Future Upside Potential
Analysts have kept their Magnora fair value estimate broadly unchanged at NOK 31.04, with only small adjustments to the discount rate and assumed future P/E. This suggests a steady view of the company’s risk profile and earnings potential.MGN: New 100 MW Data Center Project Will Support Future Upside
Analysts have kept their Magnora fair value estimate steady at NOK31.04, with only marginal tweaks to underlying assumptions such as the discount rate, revenue growth, profit margin and future P/E. This reflects a broadly unchanged view on the stock’s risk and earnings profile.MGN: Nordic Data Center Expansion Will Support Future Upside Potential
Analysts have revised their outlook on Magnora, adjusting the NOK price target in line with updated assumptions that include a slightly lower discount rate, a neutral revenue growth view, a reduced profit margin expectation and a higher future P/E multiple. What's in the News Magnora ASA has secured land in northwestern Norway for a new 100 MW data center project, located next to a key substation where three 420 kV power lines meet, and supported by local authorities focused on attracting new business (Key Developments).MGN: Nordic High Capacity Data Center Projects Will Support Future Upside
Analysts have adjusted their Magnora price target from NOK 32.64 to NOK 31.04, reflecting updated views on future growth, profitability, and a slightly lower discount rate applied to the company’s cash flows. What's in the News Magnora ASA has secured land for a new 100 MW data center development in northwestern Norway, located next to a substation where three 420 kV power lines meet, targeting customers with high redundancy and capacity needs (Key Developments).MGN: High Density Nordic Data Center Pipeline Will Drive Future Upside
Analysts have trimmed their 12 month price target on Magnora by NOK 2.76 to NOK 32.64 as they refresh assumptions on fair value, discount rate, revenue growth, profit margins and future P/E expectations. What's in the News Magnora ASA has secured land in northwestern Norway for a new 100 MW data center project located near three 420 kV power lines and an adjacent substation, with local authorities described as supportive of new business and rezoning efforts (Client Announcements).We Don’t Think Magnora's (OB:MGN) Earnings Should Make Shareholders Too Comfortable
Shareholders were pleased with the recent earnings report from Magnora ASA ( OB:MGN ). Despite this, we feel that there...
Expansion Into South Africa, Germany, And Italy Aims To Increase Capacity But May Face Regulatory Challenges
Strategic expansion in project portfolio and strong market entry into Germany, Italy, and South Africa could drive future revenue growth and improve net margins.We Think That There Are Some Issues For Magnora (OB:MGN) Beyond Its Promising Earnings
Magnora ASA's ( OB:MGN ) healthy profit numbers didn't contain any surprises for investors. However the statutory...Concerns Surrounding Magnora's (OB:MGN) Performance
The stock price didn't jump after Magnora ASA ( OB:MGN ) posted decent earnings last week. We did some digging and...A Look At The Intrinsic Value Of Magnora ASA (OB:MGN)
Key Insights The projected fair value for Magnora is kr34.38 based on 2 Stage Free Cash Flow to Equity Magnora's...Bullish: Analysts Just Made A Massive Upgrade To Their Magnora ASA (OB:MGN) Forecasts
Magnora ASA ( OB:MGN ) shareholders will have a reason to smile today, with the analysts making substantial upgrades to...Revenue & Expenses Breakdown
How Magnora makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Mar 26 | 50 | -64 | 46 | 16 |
| 31 Dec 25 | 98 | 20 | 46 | 0 |
| 30 Sep 25 | 39 | -12 | 47 | 2 |
| 30 Jun 25 | 38 | 240 | 47 | 3 |
| 31 Mar 25 | 37 | 322 | 47 | -3 |
| 31 Dec 24 | 2 | 278 | 47 | 0 |
| 30 Sep 24 | 1 | 283 | 44 | -13 |
| 30 Jun 24 | 1 | 27 | 44 | -8 |
| 31 Mar 24 | 16 | 177 | 44 | -3 |
| 31 Dec 23 | 12 | 187 | 44 | 0 |
| 30 Sep 23 | 92 | 256 | 34 | 8 |
| 30 Jun 23 | 96 | 259 | 34 | 5 |
| 31 Mar 23 | 99 | 38 | 34 | 8 |
| 31 Dec 22 | 92 | 13 | 34 | 0 |
| 30 Sep 22 | 16 | -71 | 20 | 30 |
| 30 Jun 22 | 17 | -71 | 20 | 21 |
| 31 Mar 22 | 14 | -73 | 20 | 10 |
| 31 Dec 21 | 15 | -63 | 20 | 0 |
| 30 Sep 21 | 18 | -27 | 12 | 14 |
| 30 Jun 21 | 22 | -4 | 12 | 8 |
| 31 Mar 21 | 25 | 18 | 12 | 0 |
| 31 Dec 20 | 28 | 29 | 12 | 0 |
| 30 Sep 20 | 31 | 27 | 11 | 2 |
| 30 Jun 20 | 33 | 25 | 11 | 2 |
| 31 Mar 20 | 37 | 15 | 11 | 0 |
| 31 Dec 19 | 42 | 20 | 11 | 0 |
| 30 Sep 19 | 47 | 73 | 14 | 0 |
| 30 Jun 19 | 51 | 70 | 14 | 0 |
| 31 Mar 19 | 56 | 73 | 14 | 0 |
| 31 Dec 18 | 70 | 87 | 14 | 0 |
| 30 Sep 18 | 60 | 27 | 7 | 0 |
| 30 Jun 18 | 46 | 3 | 7 | 0 |
| 31 Mar 18 | 19 | 40 | 7 | 0 |
| 31 Dec 17 | 3 | 6 | 7 | 0 |
| 30 Sep 17 | 18 | -1 | 91 | 0 |
| 30 Jun 17 | 40 | 17 | 91 | 0 |
| 31 Mar 17 | 86 | -151 | 91 | 0 |
| 31 Dec 16 | 117 | -241 | 91 | 0 |
| 30 Sep 16 | -97 | -268 | 120 | 0 |
| 30 Jun 16 | 55 | -349 | 126 | 0 |
| 31 Mar 16 | 149 | -545 | 124 | 0 |
| 31 Dec 15 | 250 | -514 | 133 | 0 |
| 30 Sep 15 | 666 | -580 | 278 | 0 |
| 30 Jun 15 | 640 | -447 | 257 | 0 |
Quality Earnings: MGN is currently unprofitable.
Growing Profit Margin: MGN is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: MGN is unprofitable, but has reduced losses over the past 5 years at a rate of 32.3% per year.
Accelerating Growth: Unable to compare MGN's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: MGN is unprofitable, making it difficult to compare its past year earnings growth to the Renewable Energy industry (-3%).
Return on Equity
High ROE: MGN has a negative Return on Equity (-23.37%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/08 21:18 |
| End of Day Share Price | 2026/06/08 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Magnora ASA is covered by 10 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Chr. Frederik Lunde | Carnegie Investment Bank AB |
| Jørgen Lande | Danske Bank |
| Eirik Mathisen | DNB Carnegie |