AJ Bell Full Year 2024 Earnings: Revenues Beat Expectations, EPS Lags

AJ Bell (LON:AJB) Full Year 2024 Results

Key Financial Results

• Revenue: UK£268.5m (up 24% from FY 2023).
• Net income: UK£84.3m (up 24% from FY 2023).
• Profit margin: 31% (in line with FY 2023).
• EPS: UK£0.20 (up from UK£0.17 in FY 2023).

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

AJ Bell Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 3.1%. Earnings per share (EPS) missed analyst estimates by 1.4%.

In the last 12 months, the only revenue segment was Investment Services contributing UK£268.5m. The largest operating expense was General & Administrative costs, amounting to UK£158.4m (86% of total expenses). Explore how AJB's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 7.9% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Capital Markets industry in the United Kingdom.

Performance of the British Capital Markets industry.

The company's shares are down 3.0% from a week ago.

Risk Analysis

It is worth noting though that we have found 1 warning sign for AJ Bell that you need to take into consideration.

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