Wealthink AI-Innovation Capital Full Year 2024 Earnings: EPS: HK$0.005 (vs HK$0.018 in FY 2023)

Wealthink AI-Innovation Capital (HKG:1140) Full Year 2024 Results

Key Financial Results

• Revenue: HK$308.3m (up 60% from FY 2023).
• Net income: HK$53.7m (down 63% from FY 2023).
• Profit margin: 17% (down from 76% in FY 2023). The decrease in margin was driven by higher expenses.
• EPS: HK$0.005 (down from HK$0.018 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 Hong Kong segment contributing a total revenue of HK$233.0m (76% of total revenue). The most substantial expense, totaling HK$190.8m were related to Non-Operating costs. This indicates that a significant portion of the company's costs is related to non-core activities. Explore how 1140's revenue and expenses shape its earnings.

Wealthink AI-Innovation Capital shares are up 7.2% from a week ago.

Risk Analysis

Before you take the next step you should know about the 2 warning signs for Wealthink AI-Innovation Capital that we have uncovered.

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