Dubai Financial Market P.J.S.C Full Year 2024 Earnings: Beats Expectations

Dubai Financial Market P.J.S.C (DFM:DFM) Full Year 2024 Results

Key Financial Results

• Revenue: د.إ632.3m (up 16% from FY 2023).
• Net income: د.إ376.7m (up 14% from FY 2023).
• Profit margin: 60% (in line with FY 2023).
• EPS: د.إ0.047 (up from د.إ0.041 in FY 2023).

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

Dubai Financial Market P.J.S.C Revenues and Earnings Beat Expectations

Revenue exceeded analyst estimates by 4.6%. Earnings per share (EPS) also surpassed analyst estimates by 18%.

Looking ahead, revenue is expected to decline by 26% p.a. on average during the next 2 years, while revenues in the Capital Markets industry in Asia are expected to grow by 8.0%.

Performance of the market in United Arab Emirates.

The company's shares are down 7.5% 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. See our latest analysis on Dubai Financial Market P.J.S.C's balance sheet health.

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