Stock Analysis
Impact Coatings First Quarter 2024 Earnings: kr0.18 loss per share (vs kr0.16 loss in 1Q 2023)
Impact Coatings (STO:IMPC) First Quarter 2024 Results
Key Financial Results
- Revenue: kr4.70m (down 77% from 1Q 2023).
- Net loss: kr15.9m (loss widened by 74% from 1Q 2023).
- kr0.18 loss per share (further deteriorated from kr0.16 loss in 1Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Impact Coatings Earnings Insights
Looking ahead, revenue is forecast to grow 28% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the Machinery industry in Sweden.
Performance of the Swedish Machinery industry.
The company's shares are down 2.6% from a week ago.
Risk Analysis
We should say that we've discovered 4 warning signs for Impact Coatings (2 can't be ignored!) that you should be aware of before investing here.
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About OM:IMPC
Impact Coatings
Impact Coatings AB (publ) engages in the development and commercialization of physical vapor deposition (PVD) surface treatment solutions in Sweden.
Flawless balance sheet with limited growth.