SaltX Technology Holding Second Quarter 2024 Earnings: EPS: kr0.03 (vs kr0.10 loss in 2Q 2023)
SaltX Technology Holding (STO:SALT B) Second Quarter 2024 Results
Key Financial Results
- Revenue: kr31.4m (up 83% from 2Q 2023).
- Net income: kr4.58m (up from kr12.7m loss in 2Q 2023).
- Profit margin: 15% (up from net loss in 2Q 2023). The move to profitability was primarily driven by higher revenue.
- EPS: kr0.03 (up from kr0.10 loss in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
SaltX Technology Holding shares are down 14% from a week ago.
Risk Analysis
You should learn about the 5 warning signs we've spotted with SaltX Technology Holding (including 1 which is concerning).
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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:SALT B
SaltX Technology Holding
Engages in the development and sale of patented energy storage solutions in Sweden.
Moderate with adequate balance sheet.
