Navigo Invest Second Quarter 2024 Earnings: EPS: kr0.32 (vs kr0.60 in 2Q 2023)

Navigo Invest (STO:NAVIGO STAM) Second Quarter 2024 Results

Key Financial Results

• Revenue: kr163.3m (up 37% from 2Q 2023).
• Net income: kr26.5m (down 49% from 2Q 2023).
• Profit margin: 16% (down from 43% in 2Q 2023).
• EPS: kr0.32 (down from kr0.60 in 2Q 2023).

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

Navigo Invest Earnings Insights

Looking ahead, revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Capital Markets industry in Sweden.

Performance of the Swedish Capital Markets industry.

The company's shares are up 6.6% from a week ago.

Risk Analysis

Before you take the next step you should know about the 2 warning signs for Navigo Invest (1 doesn't sit too well with us!) that we have uncovered.

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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.