Education
About Us
Working with TipRanks
Follow Us
Fortnox AB (SE:FNOX)
:FNOX
Earnings Data
Report Date
Apr 23, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.32Last Year’s EPS
0.24Same Quarter Last Year
Based on 2 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Feb 13, 2025
|% Change Since: -14.57%
|Next Earnings Date:Apr 23, 2025
Earnings Call Sentiment|Positive
The earnings call presented a generally positive view with strong growth metrics and strategic improvements. However, some challenges like customer growth below expectations and macroeconomic impacts were noted.Company Guidance
In the Fortnox Q4 2024 report, Roger Hartelius, the acting CEO, highlighted several key metrics indicating the company's performance and strategic focus. The company achieved a 25% organic growth rate and a 20% overall revenue growth, with net sales reaching NOK 540 million. The EBIT margin was reported at 47%, though adjusted to 42% without one-off impacts like the divestment of Offer-ta and earn-out reevaluations. Customer growth was at 13,000 new additions, slightly below previous years, with an average revenue per customer (ARPC) increase of SEK 5 during the period. The Rule of Fortnox ended at 67% for both the quarter and the full year, combining growth and margin metrics. The firm also reported a significant 41% rise in lending-based revenue, largely due to new payment products. Fortnox's strategic plans include doubling the number of customers and ARPC, with an emphasis on integrating payments into core workflows to enhance user experience and drive further growth.Strong Organic Growth
Organic growth for Q4 was 25%, driven by customer growth and increased average revenue per customer.
Impressive EBIT Margin
Achieved an EBIT margin of 47%, with nonrecurring other operating revenue contributing SEK 25 million. Excluding one-offs, the margin was 42%.
Record Net Sales
Net sales reached SEK 540 million, contributing to a full-year net sales surpassing SEK 2 billion.
Lending-Based Revenue Growth
Lending-based revenue experienced a significant growth of 41%, with certain products growing over 50%.
Rule of Fortnox Consistency
The company maintained a Rule of Fortnox above 60% for 15 consecutive quarters, achieving 67% in the latest quarter.
Broadened Product Offering
Over 50,000 companies benefitting from product insights each month since October launch.
---
SE:FNOX Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
---
SE:FNOX Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 13, 2025 | kr76.48 | kr75.00 | -1.94% |
| Oct 24, 2024 | kr59.94 | kr66.12 | +10.31% |
| Jul 12, 2024 | kr64.06 | kr63.82 | -0.37% |
| Apr 25, 2024 | kr65.16 | kr61.00 | -6.38% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
---
FAQ
When does Fortnox AB (SE:FNOX) report earnings?
Fortnox AB (SE:FNOX) is schdueled to report earning on Apr 23, 2025, TBA Not Confirmed.
What is Fortnox AB (SE:FNOX) earnings time?
Fortnox AB (SE:FNOX) earnings time is at Apr 23, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is the P/E ratio of Fortnox AB stock?
The P/E ratio of Fortnox AB is N/A.
What is SE:FNOX EPS forecast?
SE:FNOX EPS forecast for the fiscal quarter 2025 (Q1) is 0.32.
---