Celebrus Technologies Full Year 2024 Earnings: Revenues Beat Expectations, EPS Lags

Celebrus Technologies (LON:CLBS) Full Year 2024 Results

Key Financial Results

• Revenue: UK£32.6m (up 53% from FY 2023).
• Net income: UK£4.04m (up 91% from FY 2023).
• Profit margin: 12% (up from 9.9% in FY 2023). The increase in margin was driven by higher revenue.
• EPS: UK£0.10 (up from UK£0.053 in FY 2023).

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

Celebrus Technologies Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 2.2%. Earnings per share (EPS) missed analyst estimates by 18%.

The primary driver behind last 12 months revenue was the Licenses segment contributing a total revenue of UK£12.0m (37% of total revenue). The largest operating expense was General & Administrative costs, amounting to UK£11.8m (89% of total expenses). Explore how CLBS's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 7.0% p.a. on average during the next 3 years, compared to a 7.0% growth forecast for the IT industry in the United Kingdom.

Performance of the British IT industry.

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

Balance Sheet Analysis

While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. See our latest analysis on Celebrus Technologies' balance sheet health.

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