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.

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