W.A.G payment solutions Full Year 2024 Earnings: Revenues Beat Expectations, EPS Lags

W.A.G payment solutions (LON:WPS) Full Year 2024 Results

Key Financial Results

• Revenue: €2.24b (up 7.1% from FY 2023).
• Net income: €2.70m (up from €45.1m loss in FY 2023).
• Profit margin: 0.1% (up from net loss in FY 2023).
• EPS: €0.004 (up from €0.066 loss in FY 2023).

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

W.A.G payment solutions Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 34%. Earnings per share (EPS) missed analyst estimates by 76%.

The primary driver behind last 12 months revenue was the Payment Solutions segment contributing a total revenue of €2.11b (94% of total revenue). Notably, cost of sales worth €1.94b amounted to 87% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to €229.7m (79% of total expenses). Explore how WPS's revenue and expenses shape its earnings.

Looking ahead, revenue is expected to decline by 66% p.a. on average during the next 3 years, while revenues in the Diversified Financial industry in the United Kingdom are expected to grow by 12%.

Performance of the British Diversified Financial industry.

The company's share price is broadly unchanged from a week ago.

Valuation

It's possible that W.A.G payment solutions could be undervalued with our 6-factor valuation analysis indicating a potential opportunity. To explore our complete evaluation click here and get an understanding of what analysts are thinking about the company's future.

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