Biovica International Full Year 2024 Earnings: EPS Beats Expectations, Revenues Lag

Biovica International (STO:BIOVIC B) Full Year 2024 Results

Key Financial Results

• Net loss: kr124.8m (loss widened by 13% from FY 2023).
• kr2.14 loss per share.

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

Biovica International EPS Beats Expectations, Revenues Fall Short

Revenue missed analyst estimates by 27%. Earnings per share (EPS) exceeded analyst estimates by 71%.

The primary driver behind last 12 months revenue was the USA segment contributing a total revenue of kr5.58m (77% of total revenue). The largest operating expense was General & Administrative costs, amounting to kr123.5m (92% of total expenses). Over the last 12 months, the company's earnings were enhanced by non-operating gains of kr2.81m. Explore how BIOVIC B's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 73% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Biotechs industry in Sweden.

Performance of the Swedish Biotechs industry.

The company's shares are down 14% from a week ago.

Risk Analysis

Be aware that Biovica International is showing 5 warning signs in our investment analysis and 2 of those are significant...

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