Fragbite Group Third Quarter 2024 Earnings: kr0.01 loss per share (vs kr0.22 loss in 3Q 2023)

Fragbite Group (STO:FRAG) Third Quarter 2024 Results

Key Financial Results

• Revenue: kr59.9m (down 7.1% from 3Q 2023).
• Net loss: kr23.4m (loss widened by 19% from 3Q 2023).
• kr0.01 loss per share.

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

Fragbite Group Earnings Insights

Looking ahead, revenue is forecast to grow 36% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Entertainment industry in Sweden.

Performance of the Swedish Entertainment industry.

The company's shares are down 2.5% from a week ago.

Risk Analysis

Before you take the next step you should know about the 4 warning signs for Fragbite Group that we have uncovered.

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