MEMSCAP (EPA:MEMS) Full Year 2024 Results
Key Financial Results
- Revenue: €12.7m (down 10.0% from FY 2023).
- Net income: €1.37m (down 36% from FY 2023).
- Profit margin: 11% (down from 15% in FY 2023). The decrease in margin was driven by lower revenue.
- EPS: €0.18 (down from €0.29 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
MEMSCAP Earnings Insights
The primary driver behind last 12 months revenue was the Aerospace segment contributing a total revenue of €8.20m (65% of total revenue). Notably, cost of sales worth €7.64m amounted to 60% of total revenue thereby underscoring the impact on earnings. The largest operating expense was Research & Development (R&D) costs, amounting to €1.82m (47% of total expenses). Over the last 12 months, the company's earnings were enhanced by non-operating gains of €202.0k. Explore how MEMS's revenue and expenses shape its earnings.
Looking ahead, revenue is forecast to grow 21% p.a. on average during the next 2 years, compared to a 5.3% growth forecast for the Semiconductor industry in France.
Performance of the French Semiconductor industry.
The company's shares are up 6.6% from a week ago.
Risk Analysis
Before you take the next step you should know about the 2 warning signs for MEMSCAP (1 can't be ignored!) that we have uncovered.
Valuation is complex, but we're here to simplify it.
Discover if MEMSCAP might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.
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