TPG Telecom Full Year 2024 Earnings: Revenues In Line With Expectations
TPG Telecom (ASX:TPG) Full Year 2024 Results
Key Financial Results
- Revenue: AU$5.53b (flat on FY 2023).
- Net loss: AU$107.0m (down by 318% from AU$49.0m profit in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
TPG Telecom Meets Expectations
Revenue was in line with analyst estimates.
Looking ahead, revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 3.4% growth forecast for the Telecom industry in Australia.
Performance of the Australian Telecom industry.
The company's shares are up 3.3% from a week ago.
Risk Analysis
Be aware that TPG Telecom is showing 1 warning sign in our investment analysis that you should know about...
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About ASX:TPG
TPG Telecom
Provides telecommunications services to consumer, business, enterprise, and government and wholesale customers in Australia.
Undervalued with excellent balance sheet.
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