Risk Intelligence Third Quarter 2023 Earnings: Revenues Miss Expectations

Risk Intelligence (NGM:RISK) Third Quarter 2023 Results

Key Financial Results

• Revenue: kr.4.99m (up 8.2% from 3Q 2022).
• Net loss: kr.2.55m (loss widened by 36% from 3Q 2022).

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

Risk Intelligence Revenues Disappoint

Revenue missed analyst estimates by 2.1%.

Looking ahead, revenue is forecast to grow 26% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Software industry in Sweden.

Performance of the Swedish Software industry.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 7 warning signs for Risk Intelligence (5 are significant) you should be aware of.

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