INOVIQ Full Year 2024 Earnings: EPS Beats Expectations, Revenues Lag

INOVIQ (ASX:IIQ) Full Year 2024 Results

Key Financial Results

• Net loss: AU$6.55m (loss narrowed by 27% from FY 2023).
• AU$0.071 loss per share (improved from AU$0.097 loss in FY 2023).

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

INOVIQ EPS Beats Expectations, Revenues Fall Short

Revenue missed analyst estimates by 41%. Earnings per share (EPS) exceeded analyst estimates by 28%.

Looking ahead, revenue is forecast to grow 82% p.a. on average during the next 2 years, compared to a 6.1% growth forecast for the Healthcare industry in Australia.

Performance of the Australian Healthcare industry.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 5 warning signs for INOVIQ you should know about.

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