Stock Analysis
QBNK Holding (NGM:QBNK) Third Quarter 2024 Results
Key Financial Results
- Revenue: kr9.71m (up 5.2% from 3Q 2023).
- Net income: kr332.0k (up from kr937.0k loss in 3Q 2023).
- Profit margin: 3.4% (up from net loss in 3Q 2023). The move to profitability was primarily driven by lower expenses.
All figures shown in the chart above are for the trailing 12 month (TTM) period
QBNK Holding shares are down 7.4% from a week ago.
Risk Analysis
We should say that we've discovered 4 warning signs for QBNK Holding (3 are a bit unpleasant!) that you should be aware of before investing here.
Valuation is complex, but we're here to simplify it.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About NGM:QBNK
QBNK Holding
Through its subsidiary, QBNK Company AB, operates as a software-as-a-service company that develops and implements digital asset management solutions worldwide.
