Smart Eye Reports Second Quarter 2024 Earnings

Smart Eye (STO:SEYE) Second Quarter 2024 Results

Key Financial Results

• Revenue: kr89.6m (up 30% from 2Q 2023).
• Net loss: kr54.2m (loss narrowed by 21% from 2Q 2023).

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

Smart Eye Earnings Insights

Looking ahead, revenue is forecast to grow 47% p.a. on average during the next 3 years, compared to a 8.6% growth forecast for the Electronic industry in Sweden.

Performance of the Swedish Electronic industry.

The company's shares are down 22% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 3 warning signs for Smart Eye (of which 1 can't be ignored!) you should know about.

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