Cibus Nordic Real Estate Third Quarter 2024 Earnings: €0.096 loss per share (vs €0.14 profit in 3Q 2023)

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

Key Financial Results

• Revenue: €34.7m (down 5.1% from 3Q 2023).
• Net loss: €5.57m (down by 169% from €8.03m profit in 3Q 2023).
• €0.096 loss per share (down from €0.14 profit in 3Q 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 1.8% p.a. on average during the next 3 years, while revenues in the Real Estate industry in Sweden are expected to grow by 5.2%.

Performance of the Swedish Real Estate industry.

The company's shares are down 2.2% from a week ago.

Risk Analysis

You should learn about the 3 warning signs we've spotted with Cibus Nordic Real Estate (including 1 which can't be ignored).

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