AGTech Holdings Full Year 2024 Earnings: EPS: HK$0.002 (vs HK$0.007 loss in FY 2023)

AGTech Holdings (HKG:8279) Full Year 2024 Results

Key Financial Results

• Revenue: HK$613.3m (up 26% from FY 2023).
• Net income: HK$25.5m (up from HK$78.7m loss in FY 2023).
• Profit margin: 4.2% (up from net loss in FY 2023). The move to profitability was driven by higher revenue.
• EPS: HK$0.002 (up from HK$0.007 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 Electronic Payment and Related Services segment contributing a total revenue of HK$364.5m (59% of total revenue). Over the last 12 months, the company's earnings were enhanced by non-operating gains of HK$60.0m. Explore how 8279's revenue and expenses shape its earnings.

AGTech Holdings shares are down 5.7% from a week ago.

Balance Sheet Analysis

While earnings are important, another area to consider is the balance sheet. We have a graphic representation of AGTech Holdings' balance sheet and an in-depth analysis of the company's financial position.

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