Stock Analysis
Jumpgate (NGM:GATE) Third Quarter 2024 Results
Key Financial Results
- Revenue: kr23.5m (up 1.0% from 3Q 2023).
- Net income: kr1.40m (up from kr4.16m loss in 3Q 2023).
- Profit margin: 5.9% (up from net loss in 3Q 2023). The move to profitability was primarily driven by lower expenses.
All figures shown in the chart above are for the trailing 12 month (TTM) period
Jumpgate Earnings Insights
Looking ahead, revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Entertainment industry in Sweden.
Performance of the Swedish Entertainment industry.
The company's shares are up 7.5% from a week ago.
Risk Analysis
Be aware that Jumpgate is showing 5 warning signs in our investment analysis and 3 of those make us uncomfortable...
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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.
About NGM:GATE
Jumpgate
Develops, produces, and publishes games and other digital products across various distribution platforms worldwide.
