Stock Analysis

24SevenOffice Group Third Quarter 2024 Earnings: kr0.21 loss per share (vs kr0.35 loss in 3Q 2023)

OM:247
Source: Shutterstock

24SevenOffice Group (STO:247) Third Quarter 2024 Results

Key Financial Results

  • Revenue: kr100.2m (up 23% from 3Q 2023).
  • Net loss: kr14.6m (loss narrowed by 37% from 3Q 2023).
  • kr0.21 loss per share (improved from kr0.35 loss in 3Q 2023).
earnings-and-revenue-history
OM:247 Earnings and Revenue History November 14th 2024

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

24SevenOffice Group shares are down 1.3% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 2 warning signs for 24SevenOffice Group you should be aware of, and 1 of them can't be ignored.

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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 OM:247

24SevenOffice Group

Provides cloud-based AI–accounting/enterprise resource planning platform to automate business administration and allow for data driven decision making for small, medium, and large companies in Norway, Sweden, rest of Europe, Canada, and internationally.

Adequate balance sheet and slightly overvalued.