Bemobi Mobile Tech Full Year 2024 Earnings: Beats Expectations

Bemobi Mobile Tech (BVMF:BMOB3) Full Year 2024 Results

Key Financial Results

• Revenue: R$1.50b (up 14% from FY 2023).
• Net income: R$119.5m (up 38% from FY 2023).
• Profit margin: 8.0% (up from 6.6% in FY 2023). The increase in margin was driven by higher revenue.
• EPS: R$1.40 (up from R$1.00 in FY 2023).

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

Bemobi Mobile Tech Revenues and Earnings Beat Expectations

Revenue exceeded analyst estimates by 1.1%. Earnings per share (EPS) also surpassed analyst estimates by 14%.

Looking ahead, revenue is expected to decline by 21% p.a. on average during the next 3 years, while revenues in the Global Entertainment industry are expected to grow by 10%.

Performance of the market in Brazil.

The company's shares are up 9.4% from a week ago.

Balance Sheet Analysis

While earnings are important, another area to consider is the balance sheet. See our latest analysis on Bemobi Mobile Tech's balance sheet health.

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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.