Transfer from loss to profit of Cint Group AB (publ) (STO: CINT)
We think it’s a good time to analyze Cint Group AB (publ) (STO: CINT) As it seems, the company may be on the verge of a huge achievement. Cint Group AB (publ) provides software solutions for digital news gathering. The company’s loss has widened recently since announcing a loss of 5.8 million euros for the full year, compared to the last year loss of 17 million euros. months, pushing it further out of balance. The most pressing concern for investors is Cint Group’s path to profitability – when will it break even? Below, we’ll provide a high-level summary of industry analysts’ expectations for the company.
See our latest analysis for Cint Group
Cint Group is close to equilibrium, according to the 4 Swedish Software analysts. They forecast that the business will suffer a terminal loss in 2022, before generating positive profits of 25 million euros in 2023. The business should therefore break even just over a year from today. today. In order to meet this balance date, we have calculated the rate at which the company must grow from one year to the next. It turns out that an average annual growth rate of 115% is expected, which signals a lot of confidence from analysts. If that rate turns out to be too aggressive, the company could become profitable much later than analysts predict.
Developments underlying Cint Group’s growth are not the focus of this general overview, however, consider that a high rate of growth is generally not unusual, particularly when a company is in a investment period.
Before concluding, there is one aspect worth mentioning. The company managed its capital wisely, with debt representing 9.6% of equity. This means that it has mainly financed its operations from equity and its low debt reduces the risk associated with investing in the loss-making company.
There are too many aspects of Cint Group to cover in a brief article, but the company fundamentals can all be found in one place – Cint Group’s company page on Simply Wall St. We have also listed a list of relevant aspects. you should watch:
- Evaluation: What is Cint Group worth today? Has future growth potential already been factored into the price? The intrinsic value infographic in our free research report helps visualize whether Cint Group is currently undervalued by the market.
- Management team: An experienced management team at the helm boosts our confidence in the business – take a look at who sits on Cint Group’s board and the CEO’s background.
- Other High Performing Stocks: Are there other stocks that offer better prospects with a proven track record? Explore our free list of these great stocks here.
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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.