Kelsian Group Full Year 2024 Earnings: Beats Expectations

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).

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).

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