Hony Media Group Full Year 2024 Earnings: HK$0.012 loss per share (vs HK$0.007 loss in FY 2023)

Hony Media Group (HKG:419) Full Year 2024 Results

Key Financial Results

• Revenue: HK$1.02b (down 24% from FY 2023).
• Net loss: HK$163.5m (loss widened by 79% from FY 2023).
• HK$0.012 loss per share (further deteriorated from HK$0.007 loss in FY 2023).

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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 Digitized operation services in healthcare industry segment contributing a total revenue of HK$869.6m (85% of total revenue). Notably, cost of sales worth HK$659.6m amounted to 65% of total revenue thereby underscoring the impact on earnings. The largest operating expense was Sales & Marketing costs, amounting to HK$352.9m (68% of total expenses). Explore how 419's revenue and expenses shape its earnings.

Hony Media Group's share price is broadly unchanged from a week ago.

Risk Analysis

We should say that we've discovered 3 warning signs for Hony Media Group (2 are a bit concerning!) that you should be aware of before investing here.

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