Investcorp Capital Full Year 2024 Earnings: Beats Expectations

Investcorp Capital (ADX:ICAP) Full Year 2024 Results

Key Financial Results

• Revenue: US$132.0m (up 4.8% from FY 2023).
• Net income: US$105.0m (down 7.1% from FY 2023).
• Profit margin: 80% (down from 90% in FY 2023). The decrease in margin was driven by higher expenses.
• EPS: US$0.051 (down from US$0.06 in FY 2023).

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

Investcorp Capital Revenues and Earnings Beat Expectations

Revenue exceeded analyst estimates by 23%. Earnings per share (EPS) also surpassed analyst estimates by 32%.

The primary driver behind last 12 months revenue was the Capital Deployment segment contributing a total revenue of US$77.0m (58% of total revenue). The most substantial expense, totaling US$19.0m were related to Non-Operating costs. This indicates that a significant portion of the company's costs is related to non-core activities. Explore how ICAP's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 7.2% growth forecast for the Capital Markets industry in Asia.

Performance of the market in United Arab Emirates.

The company's shares are up 1.5% from a week ago.

Risk Analysis

You still need to take note of risks, for example - Investcorp Capital has 1 warning sign we think you should be aware of.

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