Nanexa Second Quarter 2024 Earnings: kr0.04 loss per share (vs kr0.16 loss in 2Q 2023)

Nanexa (STO:NANEXA) Second Quarter 2024 Results

Key Financial Results

• Revenue: kr10.8m (down 37% from 2Q 2023).
• Net loss: kr6.01m (loss narrowed by 40% from 2Q 2023).
• kr0.04 loss per share (improved from kr0.16 loss in 2Q 2023).

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

Nanexa Earnings Insights

Looking ahead, revenue is expected to decline by 64% p.a. on average during the next 2 years, while revenues in the Medical Equipment industry in Sweden are expected to grow by 18%.

Performance of the Swedish Medical Equipment industry.

The company's shares are down 5.2% from a week ago.

Risk Analysis

You still need to take note of risks, for example - Nanexa has 5 warning signs (and 2 which are a bit unpleasant) we think you should know about.

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