Acrow Full Year 2024 Earnings: Misses Expectations

Acrow (ASX:ACF) Full Year 2024 Results

Key Financial Results

• Revenue: AU$208.2m (up 39% from FY 2023).
• Net income: AU$25.4m (up 8.1% from FY 2023).
• Profit margin: 12% (down from 16% in FY 2023). The decrease in margin was driven by higher expenses.
• EPS: AU$0.089.

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

Acrow Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 3.5%. Earnings per share (EPS) also missed analyst estimates by 13%.

Looking ahead, revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the Trade Distributors industry in Australia.

Performance of the Australian Trade Distributors industry.

The company's shares are down 6.5% from a week ago.

Valuation

Our analysis of Acrow based on 6 different valuation metrics shows it might be undervalued. Discover what analysts are forecasting and how the current share price shapes up by clicking 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.