Flexion Mobile (STO:FLEXM) Third Quarter 2022 Results
Key Financial Results
- Revenue: UK£18.5m (up 138% from 3Q 2021).
- Net loss: UK£634.2k (loss widened by UK£599.0k from 3Q 2021).
- UK£0.012 loss per share (further deteriorated from UK£0.001 loss in 3Q 2021).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Flexion Mobile Revenues Beat Expectations, EPS Falls Short
Revenue exceeded analyst estimates by 6.6%. Earnings per share (EPS) missed analyst estimates.
Looking ahead, revenue is forecast to grow 20% pa on average during the next 3 years, compared to a 12% growth forecast for the Entertainment industry in Sweden.
Performance of the Swedish entertainment industry.
The company’s share price is broadly unchanged from a week ago.
Risk Analysis
We don’t want to rain on the parade too much, but we also found 2 warning signs for Flexion Mobile that you need to be mindful of.
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