Stock Analysis

HITIQ Full Year 2024 Earnings: AU$0.009 loss per share (vs AU$0.025 loss in FY 2023)

Published
ASX:HIQ

HITIQ (ASX:HIQ) Full Year 2024 Results

Key Financial Results

  • Revenue: AU$4.75m (up 58% from FY 2023).
  • Net loss: AU$3.20m (loss narrowed by 36% from FY 2023).
  • AU$0.009 loss per share (improved from AU$0.025 loss in FY 2023).
ASX:HIQ Revenue and Expenses Breakdown October 4th 2024

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

In the last 12 months, the only revenue segment was Mouthguard and Software Sales and Trial Revenue contributing AU$4.75m. Notably, cost of sales worth AU$4.41m amounted to 93% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to AU$2.08m (59% of total expenses). Explore how HIQ's revenue and expenses shape its earnings.

HITIQ shares are up 83% from a week ago.

Risk Analysis

Be aware that HITIQ is showing 7 warning signs in our investment analysis and 5 of those are concerning...

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

Discover if HITIQ 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.