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Fractal Gaming Group Second Quarter 2024 Earnings: kr0.01 loss per share (vs kr1.21 profit in 2Q 2023)
Fractal Gaming Group (STO:FRACTL) Second Quarter 2024 Results
Key Financial Results
- Revenue: kr147.3m (down 41% from 2Q 2023).
- Net loss: kr600.0k (down by 102% from kr35.3m profit in 2Q 2023).
- kr0.01 loss per share (down from kr1.21 profit in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Fractal Gaming Group Earnings Insights
Looking ahead, revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 6.9% growth forecast for the Tech industry in Europe.
Performance of the market in Sweden.
The company's shares are down 14% from a week ago.
Risk Analysis
You still need to take note of risks, for example - Fractal Gaming Group has 1 warning sign we think you should be aware of.
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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:FRACTL
Fractal Gaming Group
Offers PC gaming products in Sweden an internationally.
Flawless balance sheet with reasonable growth potential.