SomnoMed (ASX:SOM) Full Year 2024 Results

Key Financial Results

• Revenue: AU$91.7m (up 9.6% from FY 2023).

• Net loss: AU$12.2m (loss widened by 56% from FY 2023).

• AU$0.10 loss per share (further deteriorated from AU$0.10 loss in FY 2023).

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

SomnoMed Earnings Insights

Looking ahead, revenue is forecast to grow 9.0% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Medical Equipment industry in Australia.

Performance of the Australian Medical Equipment industry.

The company's shares are down 2.5% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 4 warning signs for SomnoMed (of which 2 don't sit too well with us!) you should know about.

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