Claranova Full Year 2024 Earnings: Revenues Miss Expectations

Claranova (EPA:CLA) Full Year 2024 Results

Key Financial Results

• Revenue: €496.0m (down 2.2% from FY 2023).
• Net loss: €11.0m (loss widened by 3.8% from FY 2023).

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

Claranova Revenues Disappoint

Revenue missed analyst estimates by 1.3%.

The primary driver behind last 12 months revenue was the Planet Art segment contributing a total revenue of €365.0m (74% of total revenue). Notably, cost of sales worth €355.0m amounted to 72% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to €72.0m (47% of total expenses). Explore how CLA's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 5.6% p.a. on average during the next 2 years, compared to a 8.3% growth forecast for the Software industry in France.

Performance of the French Software industry.

The company's shares are up 2.0% from a week ago.

Risk Analysis

Before you take the next step you should know about the 3 warning signs for Claranova that we have uncovered.

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