Ignite Full Year 2024 Earnings: EPS: AU$0.005 (vs AU$0.012 loss in FY 2023)

Ignite (ASX:IGN) Full Year 2024 Results

Key Financial Results

• Revenue: AU$96.6m (down 9.3% from FY 2023).
• Net income: AU$616.0k (up from AU$1.11m loss in FY 2023).
• Profit margin: 0.6% (up from net loss in FY 2023). The move to profitability was driven by lower expenses.
• EPS: AU$0.005 (up from AU$0.012 loss in FY 2023).

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

Ignite shares are up 6.4% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 2 warning signs for Ignite that you should be aware of.

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