Stock Analysis

S2Medical Reports Second Quarter 2024 Earnings

Published
OM:S2M

S2Medical (STO:S2M) Second Quarter 2024 Results

Key Financial Results

  • Revenue: kr11.5m (up 298% from 2Q 2023).
  • Net income: kr6.93m (up from kr8.33m loss in 2Q 2023).
  • Profit margin: 60% (up from net loss in 2Q 2023). The move to profitability was primarily driven by higher revenue.
OM:S2M Earnings and Revenue History August 25th 2024

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

S2Medical shares are up 25% from a week ago.

Risk Analysis

It is worth noting though that we have found 6 warning signs for S2Medical (5 are a bit unpleasant!) that you need to take into consideration.

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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.