Dynavox Group (STO:DYVOX) Second Quarter 2024 Results
Key Financial Results
- Revenue: kr476.0m (up 25% from 2Q 2023).
- Net income: kr36.0m (up 112% from 2Q 2023).
- Profit margin: 7.6% (up from 4.5% in 2Q 2023). The increase in margin was driven by higher revenue.
- EPS: kr0.34 (up from kr0.16 in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Dynavox Group Earnings Insights
Looking ahead, revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 7.4% growth forecast for the Tech industry in Europe.
Performance of the market in Sweden.
The company's shares are up 7.6% from a week ago.
Risk Analysis
Before you take the next step you should know about the 1 warning sign for Dynavox Group that we have uncovered.
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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.
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About OM:DYVOX
Dynavox Group
Through its subsidiaries, engages in the development and sale of assistive technology products for communication in Sweden and internationally.
High growth potential with solid track record.
