NextEd Group (ASX:NXD) Full Year 2024 Results
Key Financial Results
- Revenue: AU$111.4m (up 8.9% from FY 2023).
- Net loss: AU$31.2m (down from AU$3.61m profit in FY 2023).
- AU$0.14 loss per share (down from AU$0.017 profit in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
NextEd Group EPS Misses Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates.
Looking ahead, revenue is forecast to stay flat during the next 3 years compared to a 6.2% growth forecast for the Consumer Services industry in Australia.
Performance of the Australian Consumer Services industry.
The company's shares are up 55% from a week ago.
Risk Analysis
You still need to take note of risks, for example - NextEd Group has 3 warning signs (and 1 which doesn't sit too well with us) we think you should know about.
Valuation is complex, but we're here to simplify it.
Discover if NextEd Group might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.
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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:NXD
NextEd Group
Provides educational services in Australia, Europe, and South America.
Good value with mediocre balance sheet.
