Acarix Second Quarter 2024 Earnings: kr0.02 loss per share (vs kr0.051 loss in 2Q 2023)

Acarix (STO:ACARIX) Second Quarter 2024 Results

Key Financial Results

• Revenue: kr1.96m (up 27% from 2Q 2023).
• Net loss: kr16.7m (loss narrowed by 24% from 2Q 2023).
• kr0.02 loss per share (improved from kr0.051 loss in 2Q 2023).

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

Acarix Earnings Insights

Looking ahead, revenue is forecast to grow 83% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Medical Equipment industry in Sweden.

Performance of the Swedish Medical Equipment industry.

The company's shares are down 16% from a week ago.

Risk Analysis

Be aware that Acarix is showing 5 warning signs in our investment analysis and 2 of those are a bit unpleasant...

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