Stock Analysis
Safeture First Quarter 2024 Earnings: kr0.011 loss per share (vs kr0.064 loss in 1Q 2023)
Safeture (STO:SFTR) First Quarter 2024 Results
Key Financial Results
- Revenue: kr16.5m (up 28% from 1Q 2023).
- Net loss: kr419.0k (loss narrowed by 83% from 1Q 2023).
- kr0.011 loss per share (improved from kr0.064 loss in 1Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Safeture Earnings Insights
Looking ahead, revenue is forecast to grow 16% p.a. on average during the next 2 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 1.3% from a week ago.
Risk Analysis
Be aware that Safeture is showing 1 warning sign in our investment analysis that you should know about...
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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:SFTR
Safeture
Safeture AB (publ) operates as a software as a service (SaaS) company.
Excellent balance sheet and slightly overvalued.
