Acroud Third Quarter 2024 Earnings: €0.006 loss per share (vs €0.013 loss in 3Q 2023)

Acroud (STO:ACROUD) Third Quarter 2024 Results

Key Financial Results

• Revenue: €9.24m (down 6.4% from 3Q 2023).
• Net loss: €1.17m (loss narrowed by 41% from 3Q 2023).
• €0.006 loss per share (improved from €0.013 loss in 3Q 2023).

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

Acroud Earnings Insights

Looking ahead, revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Hospitality industry in Sweden.

Performance of the Swedish Hospitality industry.

The company's shares are down 9.5% from a week ago.

Risk Analysis

You should learn about the 2 warning signs we've spotted with Acroud (including 1 which doesn't sit too well with us).

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