Norditek Group Full Year 2024 Earnings: EPS: kr0.055 (vs kr0.38 in FY 2023)

Norditek Group (STO:NOTEK) Full Year 2024 Results

Key Financial Results

• Revenue: kr78.3m (down 15% from FY 2023).
• Net income: kr696.0k (down 86% from FY 2023).
• Profit margin: 0.9% (down from 5.2% in FY 2023). The decrease in margin was driven by lower revenue.
• EPS: kr0.055 (down from kr0.38 in FY 2023).

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

In the last 12 months, the only revenue segment was Machinery & Industrial Equipment contributing kr78.3m. Notably, cost of sales worth kr43.1m amounted to 55% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to kr25.8m (75% of total expenses). Explore how NOTEK's revenue and expenses shape its earnings.

Norditek Group shares are up 3.0% from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 4 warning signs for Norditek Group (1 is a bit concerning!) that you need to be mindful of.

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