Diversified Royalty Full Year 2024 Earnings: EPS: CA$0.16 (vs CA$0.22 in FY 2023)

Diversified Royalty (TSE:DIV) Full Year 2024 Results

Key Financial Results

• Revenue: CA$65.0m (up 15% from FY 2023).
• Net income: CA$26.6m (down 16% from FY 2023).
• Profit margin: 41% (down from 56% in FY 2023). The decrease in margin was driven by higher expenses.
• EPS: CA$0.16 (down from CA$0.22 in FY 2023).

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

Diversified Royalty Earnings Insights

Looking ahead, revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Specialty Retail industry in Canada.

Performance of the Canadian Specialty Retail industry.

The company's shares are up 2.6% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 2 warning signs for Diversified Royalty (of which 1 doesn't sit too well with us!) you should know about.

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