Eleving Group Full Year 2024 Earnings: Beats Expectations

Eleving Group (FRA:OT8) Full Year 2024 Results

Key Financial Results

• Revenue: €175.5m (up 13% from FY 2023).
• Net income: €22.9m (up 30% from FY 2023).
• Profit margin: 13% (up from 11% in FY 2023).
• EPS: €0.19 (up from €0.18 in FY 2023).

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

Eleving Group Revenues and Earnings Beat Expectations

Revenue exceeded analyst estimates by 34%. Earnings per share (EPS) also surpassed analyst estimates by 5.3%.

Looking ahead, revenue is forecast to grow 1.7% p.a. on average during the next 2 years, compared to a 9.2% growth forecast for the Consumer Finance industry in Europe.

Performance of the market in Germany.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

Before you take the next step you should know about the 2 warning signs for Eleving Group (1 is concerning!) that we have uncovered.

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