Starbreeze Full Year 2024 Earnings: Beats Expectations

Starbreeze (STO:STAR B) Full Year 2024 Results

Key Financial Results

• Revenue: kr185.9m (down 71% from FY 2023).
• Net loss: kr199.3m (down by 196% from kr207.6m profit in FY 2023).
• kr0.13 loss per share (down from kr0.19 profit in FY 2023).

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

Starbreeze Revenues and Earnings Beat Expectations

Revenue exceeded analyst estimates by 1.0%. Earnings per share (EPS) also surpassed analyst estimates by 7.1%.

Looking ahead, revenue is forecast to grow 5.1% p.a. on average during the next 3 years, while revenues in the Entertainment industry in Sweden are expected to remain flat.

Performance of the Swedish Entertainment industry.

The company's shares are up 3.8% from a week ago.

Risk Analysis

Before you take the next step you should know about the 2 warning signs for Starbreeze that we have uncovered.

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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.