Medicover Third Quarter 2024 Earnings: €0.029 loss per share (vs €0.007 loss in 3Q 2023)

Medicover (STO:MCOV B) Third Quarter 2024 Results

Key Financial Results

• Revenue: €527.8m (up 20% from 3Q 2023).
• Net loss: €4.40m (loss widened by 340% from 3Q 2023).
• €0.029 loss per share (further deteriorated from €0.007 loss in 3Q 2023).

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

Medicover Earnings Insights

Looking ahead, revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Healthcare industry in Sweden.

Performance of the Swedish Healthcare industry.

The company's shares are down 1.8% from a week ago.

Risk Analysis

Before you take the next step you should know about the 3 warning signs for Medicover (1 is a bit concerning!) that we have uncovered.

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