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

Simply Wall St

April 15, 2025

Concurrent Technologies (LON:CNC) Full Year 2024 Results

Key Financial Results

Revenue: UK£40.3m (up 27% from FY 2023).
Net income: UK£4.70m (up 21% from FY 2023).
Profit margin: 12% (in line with FY 2023).
EPS: UK£0.055 (up from UK£0.05 in FY 2023).

We check all companies for important risks. See what we found for Concurrent Technologies in our free report.

earnings-and-revenue-history — AIM:CNC Earnings and Revenue History April 15th 2025

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

Concurrent Technologies Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 1.8%. Earnings per share (EPS) missed analyst estimates by 15%.

Looking ahead, revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 6.1% growth forecast for the Tech industry in Europe.

Performance of the market in the United Kingdom.

The company's shares are up 12% 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 Concurrent Technologies' balance sheet health.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.