Leonteq Full Year 2024 Earnings: Misses Expectations

Leonteq (VTX:LEON) Full Year 2024 Results

Key Financial Results

• Revenue: CHF238.5m (down 7.2% from FY 2023).
• Net income: CHF5.84m (down 72% from FY 2023).
• Profit margin: 2.4% (down from 8.0% in FY 2023). The decrease in margin was driven by lower revenue.
• EPS: CHF0.33 (down from CHF1.15 in FY 2023).

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

Leonteq Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 3.6%. Earnings per share (EPS) also missed analyst estimates by 26%.

Looking ahead, revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Capital Markets industry in Switzerland.

Performance of the Swiss Capital Markets industry.

The company's shares are down 16% from a week ago.

Risk Analysis

It is worth noting though that we have found 4 warning signs for Leonteq (2 don't sit too well with us!) that you need to take into consideration.

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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.