Proteomics International Laboratories Full Year 2024 Earnings: Beats Expectations

Proteomics International Laboratories (ASX:PIQ) Full Year 2024 Results

Key Financial Results

• Revenue: AU$3.57m (up 12% from FY 2023).
• Net loss: AU$6.38m (loss widened by 3.2% from FY 2023).
• AU$0.051 loss per share.

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

Proteomics International Laboratories Revenues and Earnings Beat Expectations

Revenue exceeded analyst estimates by 27%. Earnings per share (EPS) also surpassed analyst estimates by 9.5%.

Looking ahead, revenue is forecast to grow 63% p.a. on average during the next 2 years, compared to a 8.2% growth forecast for the Global Life Sciences industry.

Performance of the market in Australia.

The company's shares are up 2.4% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 4 warning signs for Proteomics International Laboratories you should be aware of.

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