LifeClean International (STO:LCLEAN) First Quarter 2024 Results
Key Financial Results
- Revenue: kr16.0m (up 17% from 1Q 2023).
- Net loss: kr15.0m (loss widened by 95% from 1Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
LifeClean International Earnings Insights
Looking ahead, revenue is forecast to grow 27% p.a. on average during the next 3 years, compared to a 8.3% growth forecast for the Chemicals industry in Sweden.
Performance of the Swedish Chemicals industry.
The company's shares are down 13% from a week ago.
Risk Analysis
It is worth noting though that we have found 5 warning signs for LifeClean International (2 are a bit concerning!) that you need to take into consideration.
New: AI Stock Screener & Alerts
Our new AI Stock Screener scans the market every day to uncover opportunities.
• Dividend Powerhouses (3%+ Yield)
• Undervalued Small Caps with Insider Buying
• High growth Tech and AI Companies
Or build your own from over 50 metrics.
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.
About OM:LCLEAN
LifeClean International
LifeClean International AB (publ) researche, produces, markets, and sells disinfection products in Sweden and internationally.
Slight and slightly overvalued.
