Stock Analysis

SPACE42 Third Quarter 2024 Earnings: EPS: د.إ0.02 (vs د.إ0.013 in 3Q 2023)

ADX:SPACE42
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SPACE42 (ADX:SPACE42) Third Quarter 2024 Results

Key Financial Results

  • Revenue: د.إ205.7m (down 27% from 3Q 2023).
  • Net income: د.إ47.4m (up 40% from 3Q 2023).
  • Profit margin: 23% (up from 12% in 3Q 2023). The increase in margin was driven by lower expenses.
  • EPS: د.إ0.02 (up from د.إ0.013 in 3Q 2023).
earnings-and-revenue-history
ADX:SPACE42 Earnings and Revenue History November 9th 2024

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

SPACE42 shares are down 1.4% from a week ago.

Risk Analysis

It's still necessary to consider the ever-present spectre of investment risk. We've identified 2 warning signs with SPACE42, and understanding them should be part of your investment process.

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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.