Stock Analysis
Evli Oyj (HEL:EVLI) First Quarter 2024 Results
Key Financial Results
- Revenue: €30.9m (up 14% from 1Q 2023).
- Net income: €21.6m (up 209% from 1Q 2023).
- Profit margin: 70% (up from 26% in 1Q 2023). The increase in margin was primarily driven by lower expenses.
- EPS: €0.82 (up from €0.27 in 1Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Evli Oyj Revenues and Earnings Beat Expectations
Revenue exceeded analyst estimates by 77%. Earnings per share (EPS) also surpassed analyst estimates by 25%.
Looking ahead, revenue is forecast to stay flat during the next 3 years compared to a 5.0% growth forecast for the Capital Markets industry in Finland.
Performance of the Finnish Capital Markets industry.
The company's shares are up 2.1% from a week ago.
Risk Analysis
You should always think about risks. Case in point, we've spotted 3 warning signs for Evli Oyj you should be aware of, and 1 of them doesn't sit too well with us.
Valuation is complex, but we're helping make it simple.
Find out whether Evli Oyj is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.
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About HLSE:EVLI
Evli Oyj
Evli Oyj, together with its subsidiaries, operates as an asset manager serving institutional, corporate, and private clients in Finland, Sweden, and internationally.
Outstanding track record with adequate balance sheet.