Argentex Group Full Year 2024 Earnings: UK£0.011 loss per share (vs UK£0.045 profit in FY 2023)

Argentex Group (LON:AGFX) Full Year 2024 Results

Key Financial Results

• Revenue: UK£50.3m (flat on FY 2023).
• Net loss: UK£1.30m (down by 125% from UK£5.10m profit in FY 2023).
• UK£0.011 loss per share (down from UK£0.045 profit in FY 2023).

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

Argentex Group Earnings Insights

In the last 12 months, the only revenue segment was The LLP's Foreign Currency Dealing Business contributing UK£50.3m. The largest operating expense was General & Administrative costs, amounting to UK£50.8m (101% of total expenses). Explore how AGFX's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 9.1% p.a. on average during the next 3 years, compared to a 3.4% growth forecast for the Capital Markets industry in the United Kingdom.

Performance of the British Capital Markets industry.

The company's shares are down 7.7% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 3 warning signs for Argentex Group (2 can't be ignored!) that you should be aware of.

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