Earnings Alerts

Fortnox (FNOX) Earnings: 4Q Operating Profit Surpasses Estimates with Strong Margins

By February 13, 2025 No Comments
  • Fortnox‘s operating profit for the fourth quarter reached SEK 254 million, surpassing the estimated SEK 240.3 million.
  • The company’s net sales were SEK 540 million, slightly below the projected SEK 541.4 million.
  • The operating margin was 47%, which exceeded the estimated margin of 44.6%.
  • Net income amounted to SEK 207 million, outperforming the estimate of SEK 189.1 million.
  • Analysts have given Fortnox 7 buy ratings, 2 hold ratings, and 3 sell ratings.

A look at Fortnox Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth5
Resilience4
Momentum5
OVERALL SMART SCORE3.6

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Fortnox AB, a provider of internet-based business software programs for various office applications, including accountancy, bookkeeping, payroll, and invoicing, presents a promising long-term outlook based on its Smartkarma Smart Scores. With an impressive Growth score of 5 and a Momentum score of 5, Fortnox demonstrates strong potential for expansion and market performance. The company’s resilience, indicated by a score of 4, further enhances its stability and ability to weather market fluctuations. While the Value and Dividend scores come in at 2 each, the high scores in Growth and Momentum suggest a positive trajectory for Fortnox in the long run.

Overall, Fortnox‘s Smartkarma Smart Scores paint a favorable picture for the company’s future prospects, highlighting its robust Growth and Momentum factors. Despite moderate scores in Value and Dividend, the company’s core strengths in Growth and Resilience position it well for sustained success in the dynamic business software sector. Investors looking for a growth-oriented investment with a strong market presence may find Fortnox to be an appealing choice based on these key performance indicators.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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