Fondia Oyj Full Year 2024 Earnings: EPS Misses Expectations

Fondia Oyj (HEL:FONDIA) Full Year 2024 Results

Key Financial Results

• Revenue: €25.6m (down 1.8% from FY 2023).
• Net income: €651.0k (down 52% from FY 2023).
• Profit margin: 2.5% (down from 5.2% in FY 2023).
• EPS: €0.17 (down from €0.35 in FY 2023).

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

Fondia Oyj EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 16%.

In the last 12 months, the only revenue segment was Business Services contributing €25.6m. Notably, cost of sales worth €17.1m amounted to 67% of total revenue thereby underscoring the impact on earnings.Explore how FONDIA's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Professional Services industry in Finland.

Performance of the Finnish Professional Services industry.

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

Risk Analysis

Be aware that Fondia Oyj is showing 4 warning signs in our investment analysis and 1 of those is potentially serious...

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

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.