Stock Analysis

Palms Sports PJSC First Quarter 2024 Earnings: EPS: د.إ0.10 (vs د.إ0.057 in 1Q 2023)

Simply Wall St

April 26, 2024

Palms Sports PJSC (ADX:PALMS) First Quarter 2024 Results

Key Financial Results

Revenue: د.إ258.3m (up 207% from 1Q 2023).
Net income: د.إ15.7m (up 82% from 1Q 2023).
Profit margin: 6.1% (down from 10% in 1Q 2023). The decrease in margin was driven by higher expenses.
EPS: د.إ0.10 (up from د.إ0.057 in 1Q 2023).

earnings-and-revenue-history — ADX:PALMS Earnings and Revenue History April 26th 2024

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

Palms Sports PJSC's share price is broadly unchanged from a week ago.

Risk Analysis

We should say that we've discovered 2 warning signs for Palms Sports PJSC (1 is potentially serious!) that you should be aware of before investing here.

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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.