HighCom Full Year 2024 Earnings: EPS Beats Expectations, Revenues Lag

HighCom (ASX:HCL) Full Year 2024 Results

Key Financial Results

• Revenue: AU$45.3m (down 49% from FY 2023).
• Net loss: AU$11.6m (down by 290% from AU$6.09m profit in FY 2023).
• AU$0.11 loss per share (down from AU$0.06 profit in FY 2023).

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

HighCom EPS Beats Expectations, Revenues Fall Short

Revenue missed analyst estimates by 1.5%. Earnings per share (EPS) exceeded analyst estimates by 6.1%.

Looking ahead, revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 7.0% growth forecast for the Global Aerospace & Defense industry.

Performance of the market in Australia.

The company's shares are down 16% from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 2 warning signs for HighCom that you should be aware of.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

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.