In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Advenica has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.

Earnings and Revenue Growth Forecasts

OM:ADVE - Analysts future estimates and past financials data (SEK Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
3/31/2025	187	19	36	46	N/A
12/31/2024	162	8	43	52	N/A
9/30/2024	158	6	14	23	N/A
6/30/2024	153	1	-9	0	N/A
3/31/2024	136	-13	-7	0	N/A
12/31/2023	149	-4	-5	0	N/A
9/30/2023	149	0	14	17	N/A
6/30/2023	148	5	20	25	N/A
3/31/2023	144	12	12	18	N/A
12/31/2022	118	-2	23	26	N/A
9/30/2022	128	3	9	13	N/A
6/30/2022	120	-1	-12	-10	N/A
3/31/2022	114	-7	-16	-14	N/A
12/31/2021	101	-17	-39	-32	N/A
9/30/2021	83	-26	-37	-30	N/A
6/30/2021	77	-27	-20	-12	N/A
3/31/2021	69	-33	-22	-15	N/A
12/31/2020	84	-20	-6	0	N/A
9/30/2020	75	-30	-22	-19	N/A
6/30/2020	80	-47	1	2	N/A
3/31/2020	91	-34	2	2	N/A
12/31/2019	76	-43	-15	-15	N/A
9/30/2019	60	-53	-23	-23	N/A
6/30/2019	47	-46	-51	-51	N/A
3/31/2019	58	-45	-29	-29	N/A
12/31/2018	59	-48	N/A	-40	N/A
9/30/2018	80	-32	N/A	-13	N/A
6/30/2018	84	-25	N/A	-16	N/A
3/31/2018	52	-39	N/A	-32	N/A
12/31/2017	62	-27	N/A	-9	N/A
9/30/2017	43	-32	N/A	-29	N/A
6/30/2017	44	-30	N/A	-23	N/A
3/31/2017	47	-25	N/A	-6	N/A
12/31/2016	54	-18	N/A	-3	N/A
9/30/2016	57	-16	N/A	-12	N/A
6/30/2016	52	-12	N/A	19	N/A
3/31/2016	76	6	N/A	-2	N/A
12/31/2015	54	-3	N/A	-6	N/A
9/30/2015	45	-7	N/A	12	N/A
6/30/2015	46	-4	N/A	-15	N/A
3/31/2015	22	-19	N/A	-13	N/A
12/31/2014	38	-10	N/A	-10	N/A
9/30/2014	41	-1	N/A	-9	N/A
6/30/2014	41	-2	N/A	-5	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if ADVE's forecast earnings growth is above the savings rate (1.3%).

Earnings vs Market: Insufficient data to determine if ADVE's earnings are forecast to grow faster than the Swedish market

High Growth Earnings: Insufficient data to determine if ADVE's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: Insufficient data to determine if ADVE's revenue is forecast to grow faster than the Swedish market.

High Growth Revenue: Insufficient data to determine if ADVE's revenue is forecast to grow faster than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if ADVE's Return on Equity is forecast to be high in 3 years time

Discover growth companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/05/09 00:25
End of Day Share Price	2025/05/09 00:00
Earnings	2025/03/31
Annual Earnings	2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Advenica AB (publ) is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Fredrik Reuterhall	Redeye

Advenica Future Growth

Future criteria checks 0/6

Key information

Recent future growth updates

Recent updates

Advenica's (STO:ADVE) Solid Earnings Are Supported By Other Strong Factors

Advenica AB (publ)'s (STO:ADVE) 32% Share Price Surge Not Quite Adding Up

First quarter 2025 earnings released: EPS: kr0.21 (vs kr0.029 loss in 1Q 2024)

Returns On Capital Are Showing Encouraging Signs At Advenica (STO:ADVE)

Advenica AB (publ) (STO:ADVE) Stock Rockets 42% As Investors Are Less Pessimistic Than Expected

New minor risk - Share price stability

Investor sentiment improves as stock rises 16%

Advenica AB (Publ) Announces Annual Dividend, Payable on May 02, 2025

Full year 2024 earnings released: EPS: kr0.18 (vs kr0.094 loss in FY 2023)

Here's Why Advenica (STO:ADVE) Has Caught The Eye Of Investors

Insufficient new directors

Advenica Launches New Product Engineered for Secure Data Transferings Up to 10G

Advenica Launches Hardware-Based Cybersecurity Solution

Advenica AB (publ), Annual General Meeting, Apr 24, 2025

Third quarter 2024 earnings released: kr0.07 loss per share (vs kr0.18 loss in 3Q 2023)

Second quarter 2024 earnings released: EPS: kr0.12 (vs kr0.18 loss in 2Q 2023)

There's Reason For Concern Over Advenica AB (publ)'s (STO:ADVE) Massive 30% Price Jump

We Think Advenica (STO:ADVE) Can Easily Afford To Drive Business Growth

First quarter 2024 earnings released: kr0.03 loss per share (vs kr0.17 profit in 1Q 2023)

Advenica AB (publ)'s (STO:ADVE) 45% Share Price Surge Not Quite Adding Up

Advenica Launches a Service for Data Diode Engine with Support for MQTT

Full year 2023 earnings released: kr0.09 loss per share (vs kr0.049 loss in FY 2022)

Now 23% overvalued after recent price rise

Estimating The Intrinsic Value Of Advenica AB (publ) (STO:ADVE)

Advenica Launches Data Diode Engine

Advenica AB (publ)'s (STO:ADVE) Popularity With Investors Is Under Threat From Overpricing

Third quarter 2023 earnings released: kr0.18 loss per share (vs kr0.07 loss in 3Q 2022)

Investors Will Want Advenica's (STO:ADVE) Growth In ROCE To Persist

Second quarter 2023 earnings released: kr0.18 loss per share (vs kr0.03 loss in 2Q 2022)

Robust Earnings May Not Tell The Whole Story For Advenica (STO:ADVE)

Investor sentiment improves as stock rises 16%

First quarter 2023 earnings released: EPS: kr0.17 (vs kr0.17 loss in 1Q 2022)

A Look At The Fair Value Of Advenica AB (publ) (STO:ADVE)

Full year 2022 earnings released: kr0.05 loss per share (vs kr0.49 loss in FY 2021)

Now 21% undervalued after recent price drop

Now 21% undervalued after recent price drop

Third quarter 2022 earnings released: kr0.07 loss per share (vs kr0.20 loss in 3Q 2021)

Second quarter 2022 earnings released: kr0.03 loss per share (vs kr0.20 loss in 2Q 2021)

First quarter 2022 earnings: EPS and revenues miss analyst expectations

Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behind

Advenica (STO:ADVE) Is Carrying A Fair Bit Of Debt

Third quarter 2021 earnings released: kr0.20 loss per share (vs kr0.26 loss in 3Q 2020)

Health Check: How Prudently Does Advenica (STO:ADVE) Use Debt?

Independent Director recently sold kr420k worth of stock

Second quarter 2021 earnings released: kr0.20 loss per share (vs kr0.57 loss in 2Q 2020)

First quarter 2021 earnings released: kr0.48 loss per share (vs kr0.15 loss in 1Q 2020)

Advenica (STO:ADVE) Is In A Strong Position To Grow Its Business

Full year 2020 earnings released: kr0.60 loss per share (vs kr1.95 loss in FY 2019)

New 90-day high: kr4.46

New 90-day low: kr3.60

New 90-day low: kr3.71

Third quarter earnings released

New 90-day low: kr3.95

Advenica Receives New Order from Swedish Authority