Tessin Nordic Holding Reports Third Quarter 2024 Earnings

Tessin Nordic Holding (STO:TESSIN) Third Quarter 2024 Results

Key Financial Results

• Revenue: kr6.66m (down 43% from 3Q 2023).
• Net loss: kr7.71m (loss widened by 397% from 3Q 2023).

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

Tessin Nordic Holding Earnings Insights

Looking ahead, revenue is forecast to grow 40% p.a. on average during the next 3 years, compared to a 20% decline forecast for the Diversified Financial industry in Europe.

Performance of the market in Sweden.

The company's shares are down 2.7% from a week ago.

Risk Analysis

We should say that we've discovered 5 warning signs for Tessin Nordic Holding (3 don't sit too well with us!) that you should be aware of before investing here.

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