AroCell Third Quarter 2024 Earnings: kr0.04 loss per share (vs kr0.056 loss in 3Q 2023)

AroCell (STO:AROC) Third Quarter 2024 Results

Key Financial Results

• Revenue: kr14.0m (up 31% from 3Q 2023).
• Net loss: kr9.84m (loss narrowed by 24% from 3Q 2023).
• kr0.04 loss per share (improved from kr0.056 loss in 3Q 2023).

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

AroCell Earnings Insights

Looking ahead, revenue is forecast to grow 26% p.a. on average during the next 3 years, compared to a 8.9% growth forecast for the Life Sciences industry in Sweden.

Performance of the Swedish Life Sciences industry.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

You should learn about the 4 warning signs we've spotted with AroCell.

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