Agile Group Holdings Full Year 2024 Earnings: Revenues Beat Expectations, EPS Lags

Agile Group Holdings (HKG:3383) Full Year 2024 Results

Key Financial Results

• Revenue: CN¥43.3b (flat on FY 2023).
• Net loss: CN¥16.2b (loss widened by 17% from FY 2023).
• CN¥3.41 loss per share (further deteriorated from CN¥2.87 loss in FY 2023).

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

Agile Group Holdings Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 5.4%. Earnings per share (EPS) missed analyst estimates by 109%.

Looking ahead, revenue is expected to decline by 8.7% p.a. on average during the next 2 years, while revenues in the Real Estate industry in Hong Kong are expected to grow by 4.6%.

Performance of the Hong Kong Real Estate industry.

The company's shares are down 11% from a week ago.

Risk Analysis

We should say that we've discovered 1 warning sign for Agile Group Holdings that you should be aware of before investing here.

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