Stock Analysis

SaveLend Group Third Quarter 2024 Earnings: kr0.07 loss per share (vs kr0.002 loss in 3Q 2023)

OM:YIELD
Source: Shutterstock

SaveLend Group (STO:YIELD) Third Quarter 2024 Results

Key Financial Results

  • Revenue: kr37.4m (down 12% from 3Q 2023).
  • Net loss: kr4.02m (loss widened by kr3.90m from 3Q 2023).
  • kr0.07 loss per share (further deteriorated from kr0.002 loss in 3Q 2023).
earnings-and-revenue-growth
OM:YIELD Earnings and Revenue Growth November 16th 2024

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

SaveLend Group Earnings Insights

Looking ahead, revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Consumer Finance industry in Europe.

Performance of the market in Sweden.

The company's shares are down 1.3% from a week ago.

Risk Analysis

Before you take the next step you should know about the 3 warning signs for SaveLend Group 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.

About OM:YIELD

SaveLend Group

Through its subsidiaries, operates as a fintech company in the fixed income investment segment in Sweden, Poland, and Finland.

Reasonable growth potential and fair value.

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