Sileon Second Quarter 2024 Earnings: kr0.10 loss per share (vs kr0.42 loss in 2Q 2023)
Sileon (STO:SILEON) Second Quarter 2024 Results
Key Financial Results
- Revenue: kr20.0m (up 17% from 2Q 2023).
- Net loss: kr5.15m (loss narrowed by 64% from 2Q 2023).
- kr0.10 loss per share (improved from kr0.42 loss in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Sileon Earnings Insights
Looking ahead, revenue is forecast to grow 46% 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 down 11% from a week ago.
Risk Analysis
What about risks? Every company has them, and we've spotted 3 warning signs for Sileon 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:SILEON
Slight with mediocre balance sheet.
