- Hong Kong
- /
- Electronic Equipment and Components
- /
- SEHK:1213
Mobicon Group Full Year 2024 Earnings: HK$0.024 loss per share (vs HK$0.002 loss in FY 2023)
Mobicon Group (HKG:1213) Full Year 2024 Results
Key Financial Results
- Revenue: HK$340.6m (down 17% from FY 2023).
- Net loss: HK$4.89m (loss widened by HK$4.51m from FY 2023).
- HK$0.024 loss per share (further deteriorated from HK$0.002 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 and Electrical Trading Business segment contributing a total revenue of HK$223.1m (66% of total revenue). Notably, cost of sales worth HK$251.1m amounted to 74% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to HK$52.9m (56% of total expenses). Explore how 1213's revenue and expenses shape its earnings.
Mobicon Group shares are down 10% from a week ago.
Risk Analysis
Don't forget that there may still be risks. For instance, we've identified 2 warning signs for Mobicon Group (1 is significant) you should be aware of.
New: Manage All Your Stock Portfolios in One Place
We've created the ultimate portfolio companion for stock investors, and it's free.
• Connect an unlimited number of Portfolios and see your total in one currency
• Be alerted to new Warning Signs or Risks via email or mobile
• Track the Fair Value of your stocks
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
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.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com
About SEHK:1213
Mobicon Group
An investment holding company, trades in and distributes of electronic and electrical components, and equipment in Hong Kong, the Asia Pacific, South Africa, Europe, and internationally.
Flawless balance sheet and good value.