AcouSort Second Quarter 2024 Earnings: kr0.32 loss per share (vs kr0.24 loss in 2Q 2023)

AcouSort (STO:ACOU) Second Quarter 2024 Results

Key Financial Results

• Revenue: kr1.99m (down 41% from 2Q 2023).
• Net loss: kr4.71m (loss widened by 48% from 2Q 2023).
• kr0.32 loss per share (further deteriorated from kr0.24 loss in 2Q 2023).

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

AcouSort Earnings Insights

Looking ahead, revenue is forecast to grow 56% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Biotechs industry in Sweden.

Performance of the Swedish Biotechs industry.

The company's shares are down 15% from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 5 warning signs for AcouSort (3 don't sit too well with us!) that you need to be mindful of.

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