SOZAP First Quarter 2024 Earnings: kr0.34 loss per share (vs kr0.22 loss in 1Q 2023)

SOZAP (STO:SOZAP) First Quarter 2024 Results

Key Financial Results

• Revenue: kr7.58m (up 13% from 1Q 2023).
• Net loss: kr3.88m (loss widened by 107% from 1Q 2023).
• kr0.34 loss per share (further deteriorated from kr0.22 loss in 1Q 2023).

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

SOZAP Earnings Insights

Looking ahead, revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the Entertainment industry in Sweden.

Performance of the Swedish Entertainment industry.

The company's shares are down 16% from a week ago.

Risk Analysis

It's necessary to consider the ever-present spectre of investment risk. We've identified 5 warning signs with SOZAP (at least 3 which are concerning), and understanding them should be part of your investment process.

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