Cibus Nordic Real Estate First Quarter 2024 Earnings: €0.07 loss per share (vs €0.03 profit in 1Q 2023)

Cibus Nordic Real Estate (STO:CIBUS) First Quarter 2024 Results

Key Financial Results

• Revenue: €36.0m (up 3.0% from 1Q 2023).
• Net loss: €3.99m (down by 372% from €1.47m profit in 1Q 2023).
• €0.07 loss per share (down from €0.03 profit in 1Q 2023).

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

Cibus Nordic Real Estate Earnings Insights

Looking ahead, revenue is expected to decline by 2.7% p.a. on average during the next 3 years, while revenues in the Real Estate industry in Sweden are expected to grow by 5.5%.

Performance of the Swedish Real Estate industry.

The company's shares are up 3.5% from a week ago.

Risk Analysis

You still need to take note of risks, for example - Cibus Nordic Real Estate has 3 warning signs (and 1 which is a bit unpleasant) we think you should know about.

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