OssDsign Full Year 2024 Earnings: Beats Expectations

OssDsign (STO:OSSD) Full Year 2024 Results

Key Financial Results

• Revenue: kr133.9m (up 19% from FY 2023).
• Net loss: kr49.7m (loss narrowed by 62% from FY 2023).
• kr0.50 loss per share (improved from kr1.59 loss in FY 2023).

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

OssDsign Revenues and Earnings Beat Expectations

Revenue exceeded analyst estimates by 3.6%. Earnings per share (EPS) also surpassed analyst estimates by 2.3%.

Looking ahead, revenue is forecast to grow 24% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Medical Equipment industry in Sweden.

Performance of the Swedish Medical Equipment industry.

The company's shares are up 21% from a week ago.

Risk Analysis

Be aware that OssDsign is showing 3 warning signs in our investment analysis that 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.