Taaleem Holdings PJSC Full Year 2024 Earnings: In Line With Expectations

Simply Wall St

October 07, 2024

Taaleem Holdings PJSC (DFM:TAALEEM) Full Year 2024 Results

Key Financial Results

Revenue: د.إ949.2m (up 15% from FY 2023).
Net income: د.إ138.0m (up 18% from FY 2023).
Profit margin: 14% (in line with FY 2023).
EPS: د.إ0.14 (up from د.إ0.13 in FY 2023).

revenue-and-expenses-breakdown — DFM:TAALEEM Revenue and Expenses Breakdown October 7th 2024

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

Taaleem Holdings PJSC Earnings Insights

The primary driver behind last 12 months revenue was the School Operations segment contributing a total revenue of د.إ954.7m (101% of total revenue). Notably, cost of sales worth د.إ568.6m amounted to 60% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to د.إ107.0m (44% of total expenses). Explore how TAALEEM's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 10% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Consumer Services industry in Asia.

Performance of the market in United Arab Emirates.

The company's shares are up 4.3% from a week ago.

Balance Sheet Analysis

Just as investors must consider earnings, it is also important to take into account the strength of a company's balance sheet. We've done some analysis and you can see our take on Taaleem Holdings PJSC's balance sheet.

Valuation is complex, but we're here to simplify it.

Discover if Taaleem Holdings PJSC might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.

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This article by Simply Wall St is general in nature. We provide commentary 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. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.