PowerCell Sweden (STO:PCELL) Third Quarter 2024 Results
Key Financial Results
- Revenue: kr71.9m (up 2.8% from 3Q 2023).
- Net loss: kr15.9m (loss widened by 139% from 3Q 2023).
- kr0.30 loss per share (further deteriorated from kr0.13 loss in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
PowerCell Sweden Revenues and Earnings Miss Expectations
Revenue missed analyst estimates by 3.0%. Earnings per share (EPS) also missed analyst estimates by 46%.
Looking ahead, revenue is forecast to grow 26% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Electrical industry in Sweden.
Performance of the Swedish Electrical industry.
The company's shares are up 2.0% from a week ago.
Risk Analysis
We should say that we've discovered 2 warning signs for PowerCell Sweden (1 makes us a bit uncomfortable!) that you should be aware of before investing here.
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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.
About OM:PCELL
PowerCell Sweden
Develops and produces fuel cells and fuel cell systems for automotive, marine, and stationary applications in Sweden and internationally.
High growth potential with adequate balance sheet.
