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Safeture Reports Second Quarter 2024 Earnings

Safeture (STO:SFTR) Second Quarter 2024 Results

Key Financial Results

  • Revenue: kr16.2m (up 21% from 2Q 2023).
  • Net loss: kr157.0k (loss narrowed by 90% from 2Q 2023).
earnings-and-revenue-history
OM:SFTR Earnings and Revenue History July 22nd 2024

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

Safeture Earnings Insights

Looking ahead, revenue is forecast to grow 20% pa on average during the next 3 years, compared to a 16% growth forecast for the Software industry in Sweden.

Performance of the Swedish Software industry.

The company’s share price is broadly unchanged from a week ago.

Risk Analysis

It’s still necessary to consider the ever-present spectrum of investment risk. We’ve identified 1 warning sign with Safety, and understanding it should be part of your investment process.

Valuation is complex, but we’re helping make it simple.

Find out whether Safeture is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.

View the Free Analysis

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial team (at) simplywallst.com.

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.

Valuation is complex, but we’re helping make it simple.

Find out whether Safeture is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.

View the Free Analysis

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email [email protected]

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