Heliospectra Third quarter 2022 results: 0.097 kr loss per share (compared to 0.20 kr loss in 3rd quarter 2021)

Heliospectra (STO:HELIO) Third quarter 2022 results

Main financial results

  • Revenue: 8.66 million kr (up 18% compared to Q3 2021).
  • Net loss: 8.97 million kr (loss reduced by 42% compared to Q3 2021).
  • Loss of 0.097 kr per share (improvement from loss of 0.20 kr in Q3 2021).
OM:HELIO Earnings and Revenue Growth October 23, 2022

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

Heliospectra revenue overview

Going forward, revenues are expected to grow by an average of 44% per year over the next 3 years, compared to a growth forecast of 30% for the electrical industry in Sweden.

Performance of the Swedish electrical industry.

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

Risk analysis

You should always take note of the risks, for example – Heliospectra has 6 warning signs (and 1 which does not suit us too much) we think you should know.

Valuation is complex, but we help make it simple.

Find out if Heliospectra is potentially overvalued or undervalued by viewing our full analysis, which includes fair value estimates, risks and warnings, dividends, insider trading and financial health.

See the free analysis

This Simply Wall St article is general in nature. We provide commentary based on historical data and analyst forecasts only using unbiased methodology and our articles are not intended to be financial advice. It is not a recommendation to buy or sell stocks and does not take into account your objectives or financial situation. Our goal is to bring you targeted long-term analysis based on fundamental data. Note that our analysis may not take into account the latest announcements from price-sensitive companies or qualitative materials. Simply Wall St has no position in the stocks mentioned.

Comments are closed.