Byggfakta Group Nordic HoldCo Third Quarter 2023 Earnings: Revenues Beat Expectations, EPS Lags

Byggfakta Group Nordic HoldCo (STO:BFG) Third Quarter 2023 Results

Key Financial Results

• Revenue: kr674.0m (up 19% from 3Q 2022).
• Net income: kr14.0m (down 39% from 3Q 2022).
• Profit margin: 2.1% (down from 4.1% in 3Q 2022).
• EPS: kr0.065 (down from kr0.10 in 3Q 2022).

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

Byggfakta Group Nordic HoldCo Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 1.1%. Earnings per share (EPS) missed analyst estimates by 61%.

Looking ahead, revenue is forecast to grow 9.0% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Software industry in Sweden.

Performance of the Swedish Software industry.

The company's shares are up 15% from a week ago.

Risk Analysis

Be aware that Byggfakta Group Nordic HoldCo is showing 1 warning sign in our investment analysis that you should know about...

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