Stock Analysis

Enea Reports Second Quarter 2024 Earnings

Published
OM:ENEA

Enea (STO:ENEA) Second Quarter 2024 Results

Key Financial Results

  • Revenue: kr239.4m (up 15% from 2Q 2023).
  • Net income: kr34.0m (up from kr620.0m loss in 2Q 2023).
  • Profit margin: 14% (up from net loss in 2Q 2023).
OM:ENEA Earnings and Revenue History July 20th 2024

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

Enea Earnings Insights

Looking ahead, revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 2.9% growth forecast for the IT industry in Sweden.

Performance of the Swedish IT industry.

The company's shares are down 1.6% from a week ago.

Risk Analysis

Be aware that Enea is showing 2 warning signs in our investment analysis and 1 of those makes us a bit uncomfortable...

Valuation is complex, but we're here to simplify it.

Discover if Enea might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.

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