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Inission AB (publ) Just Beat Revenue Estimates By 7.9%
It's been a good week for Inission AB (publ) (STO:INISS B) shareholders, because the company has just released its latest quarterly results, and the shares gained 6.3% to kr74.80. Results overall were respectable, with statutory earnings of kr1.30 per share roughly in line with what the analyst had forecast. Revenues of kr626m came in 7.9% ahead of analyst predictions. Following the result, the analyst has updated their earnings model, and it would be good to know whether they think there's been a strong change in the company's prospects, or if it's business as usual. Readers will be glad to know we've aggregated the latest statutory forecasts to see whether the analyst has changed their mind on Inission after the latest results.
Taking into account the latest results, the current consensus from Inission's solitary analyst is for revenues of kr2.87b in 2027. This would reflect a notable 11% increase on its revenue over the past 12 months. In the lead-up to this report, the analyst had been modelling revenues of kr2.87b and earnings per share (EPS) of kr6.18 in 2027. So we can see that while the consensus made no real change to its revenue estimates, it also no longer provides an earnings per share estimate. This suggests that revenues are what the market is focusing on after the latest results.
Check out our latest analysis for Inission
The average price target rose 20% to kr90.00, with the analyst clearly having become more optimistic about Inission'sprospects following these results.
Another way we can view these estimates is in the context of the bigger picture, such as how the forecasts stack up against past performance, and whether forecasts are more or less bullish relative to other companies in the industry. The period to the end of 2027 brings more of the same, according to the analyst, with revenue forecast to display 8.8% growth on an annualised basis. That is in line with its 10% annual growth over the past five years. Compare this with the broader industry, which analyst estimates (in aggregate) suggest will see revenues grow 10% annually. So although Inission is expected to maintain its revenue growth rate, it's only growing at about the rate of the wider industry.
The Bottom Line
The most important thing to take away is that the analyst reconfirmed their revenue estimates for next year, suggesting that the business is performing in line with expectations. Happily, there were no real changes to revenue forecasts, with the business still expected to grow in line with the overall industry. We note an upgrade to the price target, suggesting that the analyst believes the intrinsic value of the business is likely to improve over time.
We have estimates for Inission from one covering analyst, and you can see them free on our platform here.
You can also see whether Inission is carrying too much debt, and whether its balance sheet is healthy, for free on our platform here.
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