Tracsis Full Year 2024 Earnings: EPS Beats Expectations

Tracsis (LON:TRCS) Full Year 2024 Results

Key Financial Results

• Revenue: UK£81.0m (down 1.2% from FY 2023).
• Net income: UK£488.0k (down 93% from FY 2023).
• Profit margin: 0.6% (down from 8.3% in FY 2023). The decrease in margin was primarily driven by higher expenses.
• EPS: UK£0.016 (down from UK£0.23 in FY 2023).

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

Tracsis EPS Beats Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates.

Looking ahead, revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 8.1% growth forecast for the Software industry in the United Kingdom.

Performance of the British Software industry.

The company's shares are down 12% from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 2 warning signs for Tracsis that you need to be mindful of.

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