Stock Analysis

TH1NG Third Quarter 2024 Earnings: kr0.18 loss per share (vs kr0.15 loss in 3Q 2023)

OM:TH1NG
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TH1NG (STO:TH1NG) Third Quarter 2024 Results

Key Financial Results

  • Revenue: kr3.60m (down 40% from 3Q 2023).
  • Net loss: kr4.91m (loss widened by 23% from 3Q 2023).
  • kr0.18 loss per share (further deteriorated from kr0.15 loss in 3Q 2023).
earnings-and-revenue-history
OM:TH1NG Earnings and Revenue History November 30th 2024

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

TH1NG Earnings Insights

Looking ahead, revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 1.6% growth forecast for the Telecom industry in Sweden.

Performance of the Swedish Telecom industry.

The company's shares are down 4.0% from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 5 warning signs for TH1NG (4 make us uncomfortable!) that you need to be mindful of.

Valuation is complex, but we're here to simplify it.

Discover if TH1NG 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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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.