COSOL Full Year 2024 Earnings: Misses Expectations

COSOL (ASX:COS) Full Year 2024 Results

Key Financial Results

• Revenue: AU$102.0m (up 36% from FY 2023).
• Net income: AU$8.52m (up 6.7% from FY 2023).
• Profit margin: 8.4% (down from 11% in FY 2023). The decrease in margin was driven by higher expenses.
• EPS: AU$0.05.

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

COSOL Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 5.3%. Earnings per share (EPS) also missed analyst estimates by 11%.

Looking ahead, revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Software industry in Australia.

Performance of the Australian Software industry.

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

Risk Analysis

Before we wrap up, we've discovered 1 warning sign for COSOL that you should be aware of.

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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.