MEMSCAP Reports Full Year 2024 Earnings

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.

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 General & Administrative costs, amounting to €3.85m (100% 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 5.6% growth forecast for the Semiconductor industry in France.

Performance of the French Semiconductor industry.

The company's shares are down 13% from a week ago.

Risk Analysis

Before you take the next step you should know about the 2 warning signs for MEMSCAP (1 makes us a bit uncomfortable!) that we have uncovered.

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