Cardeon (NGM:CARDEO) Third Quarter 2024 Results
Key Financial Results
- Revenue: kr1.28m (down 39% from 3Q 2023).
- Net loss: kr2.03m (loss narrowed by 66% from 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Cardeon shares are down 24% from a week ago.
Risk Analysis
It's still necessary to consider the ever-present spectre of investment risk. We've identified 6 warning signs with Cardeon, and understanding these should be part of your investment process.
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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 NGM:CARDEO
Cardeon
A venture capital firm, focusing on growth investments in start-up stage life-science and medtech companies.
Medium-low with adequate balance sheet.
