Nodebis Applications Second Quarter 2024 Earnings: EPS: kr0.30 (vs kr0.12 loss in 2Q 2023)

Nodebis Applications (NGM:NODE) Second Quarter 2024 Results

Key Financial Results

• Revenue: kr14.8m (up 15% from 2Q 2023).
• Net income: kr2.01m (up from kr463.0k loss in 2Q 2023).
• Profit margin: 14% (up from net loss in 2Q 2023).
• EPS: kr0.30 (up from kr0.12 loss in 2Q 2023).

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

Nodebis Applications Earnings Insights

Looking ahead, revenue is forecast to grow 9.5% p.a. on average during the next 3 years, compared to a 2.8% growth forecast for the IT industry in Sweden.

Performance of the Swedish IT industry.

The company's shares are down 6.4% from a week ago.

Risk Analysis

You still need to take note of risks, for example - Nodebis Applications has 5 warning signs (and 2 which are potentially serious) we think you should know about.

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