Nordic LEVEL Group AB (publ.) Second Quarter 2024 Earnings: kr0.034 loss per share (vs kr0.038 profit in 2Q 2023)
Nordic LEVEL Group AB (publ.) (STO:LEVEL) Second Quarter 2024 Results
Key Financial Results
- Revenue: kr105.5m (down 20% from 2Q 2023).
- Net loss: kr6.29m (down by 240% from kr4.50m profit in 2Q 2023).
- kr0.034 loss per share (down from kr0.038 profit in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Nordic LEVEL Group AB (publ.) Earnings Insights
Looking ahead, revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 8.4% growth forecast for the Electronic industry in Sweden.
Performance of the Swedish Electronic industry.
The company's shares are down 11% from a week ago.
Risk Analysis
You still need to take note of risks, for example - Nordic LEVEL Group AB (publ.) has 3 warning signs (and 1 which doesn't sit too well with us) we think you should know about.
Valuation is complex, but we're here to simplify it.
Discover if Nordic LEVEL Group AB (publ.) might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.
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About OM:LEVEL
Nordic LEVEL Group AB (publ.)
Provides safety and security solutions primarily in Sweden.
Undervalued with reasonable growth potential.