- Australia
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- Professional Services
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- ASX:IPH
IPH Full Year 2024 Earnings: Revenues Beat Expectations, EPS Lags
IPH (ASX:IPH) Full Year 2024 Results
Key Financial Results
- Revenue: AU$605.6m (up 25% from FY 2023).
- Net income: AU$60.8m (down 5.7% from FY 2023).
- Profit margin: 10.0% (down from 13% in FY 2023). The decrease in margin was driven by higher expenses.
- EPS: AU$0.25 (down from AU$0.29 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
IPH Revenues Beat Expectations, EPS Falls Short
Revenue exceeded analyst estimates by 2.8%. Earnings per share (EPS) missed analyst estimates by 2.0%.
The primary driver behind last 12 months revenue was the Intellectual Property Services - Australia & New Zealand segment contributing a total revenue of AU$295.1m (49% of total revenue). The largest operating expense was General & Administrative costs, amounting to AU$168.4m (51% of total expenses). Explore how IPH's revenue and expenses shape its earnings.
Looking ahead, revenue is forecast to grow 7.0% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Professional Services industry in Australia.
Performance of the Australian Professional Services industry.
The company's shares are up 6.2% from a week ago.
Risk Analysis
We don't want to rain on the parade too much, but we did also find 3 warning signs for IPH that you need to be mindful of.
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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.
About ASX:IPH
Reasonable growth potential and fair value.