Merus Power Oyj (HEL:MERUS) Full Year 2024 Results
Key Financial Results
- Revenue: €38.3m (up 25% from FY 2023).
- Net loss: €2.65m (loss widened by 233% from FY 2023).
- €0.35 loss per share (further deteriorated from €0.10 loss in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Merus Power Oyj Revenues and Earnings Beat Expectations
Revenue exceeded analyst estimates by 19%. Earnings per share (EPS) also surpassed analyst estimates by 2.8%.
In the last 12 months, the only revenue segment was Electric Equipment contributing €38.3m. Notably, cost of sales worth €27.4m amounted to 71% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to €8.04m (59% of total expenses). Explore how MERUS's revenue and expenses shape its earnings.
Looking ahead, revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Electrical industry in Europe.
Performance of the market in Finland.
The company's shares are up 13% from a week ago.
Risk Analysis
Be aware that Merus Power Oyj is showing 2 warning signs in our investment analysis and 1 of those is a bit unpleasant...
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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.
About HLSE:MERUS
Merus Power Oyj
Designs, manufactures, and sells battery energy storage systems and power quality solutions in Finland and internationally.
Flawless balance sheet with reasonable growth potential.
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