Xavi Solutionnode First Quarter 2024 Earnings: kr0.11 loss per share (vs kr0.009 profit in 1Q 2023)

Xavi Solutionnode (NGM:XAVI B) First Quarter 2024 Results

Key Financial Results

• Revenue: kr18.5m (down 41% from 1Q 2023).
• Net loss: kr13.6m (down from kr1.16m profit in 1Q 2023).
• kr0.11 loss per share (down from kr0.009 profit in 1Q 2023).

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

Xavi Solutionnode Earnings Insights

Looking ahead, revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 8.0% growth forecast for the Electronic industry in Sweden.

Performance of the Swedish Electronic industry.

The company's shares are down 2.0% from a week ago.

Risk Analysis

You still need to take note of risks, for example - Xavi Solutionnode has 4 warning signs (and 3 which can't be ignored) we think you should know about.

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