Bemobi Mobile Tech First Quarter 2024 Earnings: EPS: R$0.25 (vs R$0.19 in 1Q 2023)

Bemobi Mobile Tech (BVMF:BMOB3) First Quarter 2024 Results

Key Financial Results

• Revenue: R$352.4m (up 12% from 1Q 2023).
• Net income: R$21.9m (up 28% from 1Q 2023).
• Profit margin: 6.2% (up from 5.4% in 1Q 2023). The increase in margin was driven by higher revenue.
• EPS: R$0.25 (up from R$0.19 in 1Q 2023).

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

Bemobi Mobile Tech Earnings Insights

Looking ahead, revenue is expected to decline by 24% p.a. on average during the next 3 years, while revenues in the Global Entertainment industry are expected to grow by 8.7%.

Performance of the market in Brazil.

The company's shares are down 1.1% from a week ago.

Risk Analysis

Before you take the next step you should know about the 1 warning sign for Bemobi Mobile Tech that we have uncovered.

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