Kontigo Care Second Quarter 2024 Earnings: EPS: kr0.016 (vs kr0.021 loss in 2Q 2023)

Kontigo Care (STO:KONT) Second Quarter 2024 Results

Key Financial Results

• Revenue: kr9.63m (down 5.3% from 2Q 2023).
• Net income: kr473.0k (up from kr499.0k loss in 2Q 2023).
• Profit margin: 4.9% (up from net loss in 2Q 2023). The move to profitability was driven by lower expenses.
• EPS: kr0.016 (up from kr0.021 loss in 2Q 2023).

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

Kontigo Care Earnings Insights

Looking ahead, revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Healthcare Services industry in Sweden.

Performance of the Swedish Healthcare Services industry.

The company's shares are up 39% from a week ago.

Risk Analysis

You still need to take note of risks, for example - Kontigo Care has 4 warning signs (and 2 which shouldn't be ignored) we think you should know about.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

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.