TeamViewer Full Year 2024 Earnings: In Line With Expectations
TeamViewer (ETR:TMV) Full Year 2024 Results
Key Financial Results
- Revenue: €671.4m (up 7.1% from FY 2023).
- Net income: €123.1m (up 8.0% from FY 2023).
- Profit margin: 18% (in line with FY 2023).
- EPS: €0.77 (up from €0.66 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
TeamViewer Meets Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) was also in line with analyst expectations.
The primary driver behind last 12 months revenue was the Other Countries segment contributing a total revenue of €300.9m (45% of total revenue). The largest operating expense was Sales & Marketing costs, amounting to €233.4m (50% of total expenses). Explore how TMV's revenue and expenses shape its earnings.
Looking ahead, revenue is forecast to grow 9.9% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Software industry in Germany.
Performance of the German Software industry.
The company's shares are down 1.6% from a week ago.
Risk Analysis
Be aware that TeamViewer is showing 1 warning sign in our investment analysis that you should know about...
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About XTRA:TMV
TeamViewer
Develops and distributes remote connectivity solutions worldwide.
Very undervalued with proven track record.