Stock Analysis

Arta TechFin Full Year 2024 Earnings: HK$0.003 loss per share (vs HK$0.005 loss in FY 2023)

SEHK:279
Source: Shutterstock

Arta TechFin (HKG:279) Full Year 2024 Results

Key Financial Results

  • Revenue: HK$16.8m (up 112% from FY 2023).
  • Net loss: HK$63.8m (loss narrowed by 29% from FY 2023).
  • HK$0.003 loss per share (improved from HK$0.005 loss in FY 2023).
revenue-and-expenses-breakdown
SEHK:279 Revenue and Expenses Breakdown July 4th 2024

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 Asset Management Business segment contributing a total revenue of HK$12.3m (73% of total revenue). The largest operating expense was General & Administrative costs, amounting to HK$61.6m (76% of total expenses). Explore how 279's revenue and expenses shape its earnings.

Arta TechFin shares are up 12% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 3 warning signs for Arta TechFin that you should be aware of.

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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.