Stock Analysis

Kelsian Group Full Year 2024 Earnings: Beats Expectations

ASX:KLS
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Kelsian Group (ASX:KLS) Full Year 2024 Results

Key Financial Results

  • Revenue: AU$2.04b (up 43% from FY 2023).
  • Net income: AU$58.0m (up 176% from FY 2023).
  • Profit margin: 2.8% (up from 1.5% in FY 2023). The increase in margin was driven by higher revenue.
  • EPS: AU$0.21 (up from AU$0.091 in FY 2023).
revenue-and-expenses-breakdown
ASX:KLS Revenue and Expenses Breakdown September 2nd 2024

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

Kelsian Group Revenues and Earnings Beat Expectations

Revenue exceeded analyst estimates by 1.5%. Earnings per share (EPS) also surpassed analyst estimates by 4.1%.

The primary driver behind last 12 months revenue was the Australian Bus segment contributing a total revenue of AU$1.04b (51% of total revenue). Notably, cost of sales worth AU$1.52b amounted to 75% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to AU$246.1m (54% of total expenses). Explore how KLS's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Transportation industry in Oceania.

Performance of the market in Australia.

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

Risk Analysis

You should learn about the 2 warning signs we've spotted with Kelsian Group (including 1 which is a bit concerning).

Valuation is complex, but we're here to simplify it.

Discover if Kelsian Group might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.

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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.