Dicker Data Full Year 2024 Earnings: In Line With Expectations
Dicker Data (ASX:DDR) Full Year 2024 Results
Key Financial Results
- Revenue: AU$2.28b (flat on FY 2023).
- Net income: AU$78.7m (down 4.2% from FY 2023).
- Profit margin: 3.4% (down from 3.6% in FY 2023).
- EPS: AU$0.44 (down from AU$0.46 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Dicker Data Meets Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) was also in line with analyst expectations.
The primary driver behind last 12 months revenue was the Australia segment contributing a total revenue of AU$2.80b (123% of total revenue). Notably, cost of sales worth AU$2.17b amounted to 95% of total revenue thereby underscoring the impact on earnings. The most substantial expense, totaling AU$34.5m were related to Non-Operating costs. This indicates that a significant portion of the company's costs is related to non-core activities. Explore how DDR's revenue and expenses shape its earnings.
Looking ahead, revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Electronic industry in Australia.
Performance of the Australian Electronic industry.
The company's shares are down 1.5% from a week ago.
Risk Analysis
You should learn about the 2 warning signs we've spotted with Dicker Data.
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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.
About ASX:DDR
Dicker Data
Engages in the wholesale distribution of computer hardware, software, cloud, access control, surveillance, and technologies in Australia and New Zealand.
Fair value with moderate growth potential.
