Stock Analysis

Seafire First Quarter 2024 Earnings: kr0.12 loss per share (vs kr0.56 loss in 1Q 2023)

Simply Wall St

April 25, 2024

Seafire (STO:SEAF) First Quarter 2024 Results

Key Financial Results

Revenue: kr222.0m (down 11% from 1Q 2023).
Net loss: kr5.00m (loss narrowed by 79% from 1Q 2023).
kr0.12 loss per share (improved from kr0.56 loss in 1Q 2023).

earnings-and-revenue-growth — OM:SEAF Earnings and Revenue Growth April 25th 2024

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

Seafire Earnings Insights

Looking ahead, revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Capital Markets industry in Sweden.

Performance of the Swedish Capital Markets industry.

The company's shares are down 12% from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 2 warning signs for Seafire that you should be aware of.

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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.