Litium Full Year 2024 Earnings: EPS Misses Expectations

Litium (STO:LITI) Full Year 2024 Results

Key Financial Results

• Revenue: kr82.4m (up 5.3% from FY 2023).
• Net income: kr708.6k (up from kr3.43m loss in FY 2023).
• Profit margin: 0.9% (up from net loss in FY 2023).
• EPS: kr0.043 (up from kr0.21 loss in FY 2023).

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

Litium EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 43%.

In the last 12 months, the only revenue segment was Internet Software & Services contributing kr82.4m. The largest operating expense was General & Administrative costs, amounting to kr34.6m (67% of total expenses). Over the last 12 months, the company's earnings were enhanced by non-operating gains of kr92.7k. Explore how LITI's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 4.0% p.a. on average 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 2.8% from a week ago.

Risk Analysis

Be aware that Litium is showing 1 warning sign in our investment analysis that you should know about...

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.