Arcario profit first quarter 2024: EPS: kr0.001 (vs. kr0.003 loss in 1Q 2023)

Arcario (STO:ARCA) First Quarter 2024 Results

Main financial results

  • Turnover: kr151.7 million (up 293% compared to the first quarter of 2023).
  • Net income: kr5.54 million (up from the loss of kr25.2 million in the first quarter of 2023).
  • Profit margin: 3.7% (higher than the net loss in the first quarter of 2023). The move to profitability was driven by higher sales.
  • EPS: kr0.001 (versus the loss of kr0.003 in the first quarter of 2023).
OM:ARCA earnings and revenue history June 6, 2024

All figures in the chart above are for the subsequent 12 month period (TTM).

Arcario shares are up 49% from a week ago.

Risk analysis

Before you take the next step, you should be aware of the 3 warning signs for Arcario (1 is concerning!) that we discovered.

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