Stock Analysis

Qualitas Full Year 2024 Earnings:

ASX:QAL
Source: Shutterstock

Qualitas ( ASX:QAL ) Full Year 2024 Results

Key Financial Results

  • Revenue: AU$104.4m (up 11% from FY 2023).
  • Net income: AU$26.2m (up 16% from FY 2023).
  • Profit margin: 25% (up from 24% in FY 2023). The increase in margin was driven by higher revenue.
  • EPS: AU$0.09 (up from AU$0.077 in FY 2023).
earnings-and-revenue-growth
ASX:QAL Earnings and Revenue Growth August 23rd 2024

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

Qualitas Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 3.6%. Looking ahead, revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Capital Markets industry in Australia.

Performance of the Australian Capital Markets industry.

The company's shares are up 6.2% from a week ago.

Risk Analysis

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

Valuation is complex, but we're here to simplify it.

Discover if Qualitas might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.

Access Free Analysis

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.

About ASX:QAL

Qualitas

Qualitas is a real estate investment firm which focuses on direct investment in all real estate classes and geographies, acquisitions and restructuring of distressed debt, third party capital raisings and consulting services.

Excellent balance sheet with reasonable growth potential.