Modelon Third Quarter 2022 Results: Revenue Exceeds Expectations

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Modelon (STO:MODEL B) Third Quarter 2022 Results

Main financial results

  • Revenue: 16.4 million kr (up 16% compared to Q3 2021).
  • Net loss: 15.9 million kr (expanded loss by 46% compared to Q3 2021).
OM:MODEL B Earnings and Revenue Growth November 14, 2022

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

Modelon revenues disappoint

Revenue beat analysts’ estimates by 3.0%.

Going forward, revenues are expected to grow by an average of 27% per year over the next 3 years, compared to a growth forecast of 20% for the software industry in Sweden.

Performance of the Swedish software industry.

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

Risk analysis

You should always think about the risks. Concrete example, we spotted 3 warning signs for Modelon you need to be aware of, and 1 of them should not be ignored.

Valuation is complex, but we help make it simple.

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

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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.

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