Enrad Full Year 2024 Earnings: Revenues Beat Expectations, EPS Lags

Simply Wall St

March 07, 2025

Enrad (NGM:ENRAD) Full Year 2024 Results

Key Financial Results

Revenue: kr44.0m (up 46% from FY 2023).
Net loss: kr1.44m (down from kr58.0k profit in FY 2023).
kr0.059 loss per share (down from kr0.002 profit in FY 2023).

earnings-and-revenue-growth — NGM:ENRAD Earnings and Revenue Growth March 7th 2025

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

Enrad Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 1.9%. Earnings per share (EPS) missed analyst estimates.

Looking ahead, revenue is forecast to grow 35% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Machinery industry in Sweden.

Performance of the Swedish Machinery industry.

The company's shares are up 5.0% from a week ago.

Risk Analysis

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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.