Stock Analysis

YOOZOO Interactive Third Quarter 2024 Earnings: Misses Expectations

SZSE:002174
Source: Shutterstock

YOOZOO Interactive (SZSE:002174) Third Quarter 2024 Results

Key Financial Results

  • Revenue: CN¥295.3m (down 11% from 3Q 2023).
  • Net income: CN¥573.7k (down 99% from 3Q 2023).
  • Profit margin: 0.2% (down from 19% in 3Q 2023).
  • EPS: CN¥0.001 (down from CN¥0.045 in 3Q 2023).
earnings-and-revenue-growth
SZSE:002174 Earnings and Revenue Growth October 31st 2024

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

YOOZOO Interactive Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 16%. Earnings per share (EPS) also missed analyst estimates by 99%.

Looking ahead, revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Entertainment industry in China.

Performance of the Chinese Entertainment industry.

The company's shares are up 2.7% from a week ago.

Risk Analysis

It is worth noting though that we have found 1 warning sign for YOOZOO Interactive 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.