IAR Systems Group (STO:IAR B) Full Year 2024 Results
Key Financial Results
- Revenue: kr536.4m (up 8.5% from FY 2023).
- Net income: kr135.2m (up from kr229.0m loss in FY 2023).
- Profit margin: 25% (up from net loss in FY 2023). The move to profitability was primarily driven by lower expenses.
- EPS: kr10.20 (up from kr16.84 loss in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
IAR Systems Group Revenues and Earnings Beat Expectations
Revenue exceeded analyst estimates by 2.7%. Earnings per share (EPS) also surpassed analyst estimates by 15%.
Looking ahead, revenue is forecast to stay flat 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 shares are down 8.4% from a week ago.
Risk Analysis
It is worth noting though that we have found 2 warning signs for IAR Systems Group that you need to take into consideration.
If you're looking to trade IAR Systems Group, open an account with the lowest-cost platform trusted by professionals, Interactive Brokers.
With clients in over 200 countries and territories, and access to 160 markets, IBKR lets you trade stocks, options, futures, forex, bonds and funds from a single integrated account.
Enjoy no hidden fees, no account minimums, and FX conversion rates as low as 0.03%, far better than what most brokers offer.
Sponsored ContentNew: AI Stock Screener & Alerts
Our new AI Stock Screener scans the market every day to uncover opportunities.
• Dividend Powerhouses (3%+ Yield)
• Undervalued Small Caps with Insider Buying
• High growth Tech and AI Companies
Or build your own from over 50 metrics.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
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:IAR B
IAR Systems Group
Engages in the provision of programming processors in embedded systems and embedded security solutions in Sweden.
Flawless balance sheet and good value.
Market Insights
Community Narratives
