Bong Second Quarter 2024 Earnings: kr0.016 loss per share (vs kr0.024 loss in 2Q 2023)

Bong (STO:BONG) Second Quarter 2024 Results

Key Financial Results

• Revenue: kr455.6m (down 8.4% from 2Q 2023).
• Net loss: kr3.40m (loss narrowed by 33% from 2Q 2023).
• kr0.016 loss per share (improved from kr0.024 loss in 2Q 2023).

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

Bong Earnings Insights

Looking ahead, revenue is expected to decline by 1.3% p.a. on average during the next 3 years, while revenues in the Commercial Services industry in Sweden are expected to grow by 4.5%.

Performance of the Swedish Commercial Services industry.

The company's shares are down 3.4% from a week ago.

Risk Analysis

You still need to take note of risks, for example - Bong has 1 warning sign we think you should be aware of.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

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.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com