Stock Analysis

New Zealand King Salmon Investments Full Year 2024 Earnings: EPS: NZ$0.05 (vs NZ$0.004 in FY 2023)

NZSE:NZK
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New Zealand King Salmon Investments (NZSE:NZK) Full Year 2024 Results

Key Financial Results

  • Revenue: NZ$187.1m (up 12% from FY 2023).
  • Net income: NZ$28.5m (up by NZ$26.6m from FY 2023).
  • Profit margin: 15% (up from 1.1% in FY 2023). The increase in margin was primarily driven by higher revenue.
  • EPS: NZ$0.05 (up from NZ$0.004 in FY 2023).
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NZSE:NZK Earnings and Revenue Growth March 27th 2024

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

New Zealand King Salmon Investments Earnings Insights

Looking ahead, revenue is forecast to grow 5.6% p.a. on average during the next 2 years, compared to a 6.7% growth forecast for the Food industry in New Zealand.

Performance of the New Zealander Food industry.

The company's shares are up 1.9% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 3 warning signs for New Zealand King Salmon Investments (2 are potentially serious!) that you should be aware of.

Valuation is complex, but we're helping make it simple.

Find out whether New Zealand King Salmon Investments is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.

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About NZSE:NZK

New Zealand King Salmon Investments

New Zealand King Salmon Investments Limited, together with its subsidiaries, engages in the farming, processing, and sale of salmon products in New Zealand, North America, Australia, Japan, Europe, and internationally.

Flawless balance sheet and undervalued.