FSM Holdings Full Year 2024 Earnings: S$0.003 loss per share (vs S$0.005 loss in FY 2023)

FSM Holdings (HKG:1721) Full Year 2024 Results

Key Financial Results

• Revenue: S$14.9m (down 7.4% from FY 2023).
• Net loss: S$3.41m (loss narrowed by 30% from FY 2023).
• S$0.003 loss per share (improved from S$0.005 loss in FY 2023).

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

The primary driver behind last 12 months revenue was the Manufacturing Business segment contributing a total revenue of S$12.3m (83% of total revenue). Notably, cost of sales worth S$8.90m amounted to 60% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to S$5.13m (49% of total expenses). Over the last 12 months, the company's earnings were enhanced by non-operating gains of S$1.03m. Explore how 1721's revenue and expenses shape its earnings.

FSM Holdings shares are down 2.2% from a week ago.

Risk Analysis

It is worth noting though that we have found 2 warning signs for FSM Holdings (1 can't be ignored!) that you need to take into consideration.

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