Stock Analysis

Mader Group Full Year 2024 Earnings: In Line With Expectations

Published
ASX:MAD

Mader Group (ASX:MAD) Full Year 2024 Results

Key Financial Results

  • Revenue: AU$774.5m (up 27% from FY 2023).
  • Net income: AU$50.4m (up 31% from FY 2023).
  • Profit margin: 6.5% (up from 6.3% in FY 2023). The increase in margin was driven by higher revenue.
  • EPS: AU$0.25 (up from AU$0.19 in FY 2023).
ASX:MAD Earnings and Revenue Growth August 20th 2024

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

Mader Group Meets Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) was also in line with analyst expectations.

Looking ahead, revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Commercial Services industry in Australia.

Performance of the Australian Commercial Services industry.

The company's shares are down 6.1% from a week ago.

Risk Analysis

You should learn about the 1 warning sign we've spotted with Mader Group.

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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.