Stock Analysis

Umida Group Reports Second Quarter 2024 Earnings

NGM:UMIDA B
Source: Shutterstock

Umida Group (NGM:UMIDA B) Second Quarter 2024 Results

Key Financial Results

  • Revenue: kr16.6m (down 22% from 2Q 2023).
  • Net loss: kr1.24m (loss narrowed by 47% from 2Q 2023).
earnings-and-revenue-history
NGM:UMIDA B Earnings and Revenue History August 26th 2024

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

Umida Group shares are up 7.9% from a week ago.

Risk Analysis

You still need to take note of risks, for example - Umida Group has 5 warning signs (and 4 which don't sit too well with us) we think you should know about.

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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.