BioInvent International Third Quarter 2024 Earnings: kr1.48 loss per share (vs kr1.08 loss in 3Q 2023)

BioInvent International (STO:BINV) Third Quarter 2024 Results

Key Financial Results

• Net loss: kr97.2m (loss widened by 37% from 3Q 2023).
• kr1.48 loss per share (further deteriorated from kr1.08 loss in 3Q 2023).

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

BioInvent International Earnings Insights

Looking ahead, revenue is forecast to grow 85% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Biotechs industry in Sweden.

Performance of the Swedish Biotechs industry.

The company's shares are down 3.1% from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 2 warning signs for BioInvent International that you need to be mindful of.

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