Gold Peak Technology Group Full Year 2024 Earnings: HK$0.40 loss per share (vs HK$0.04 profit in FY 2023)

Gold Peak Technology Group (HKG:40) Full Year 2024 Results

Key Financial Results

• Revenue: HK$6.48b (down 1.6% from FY 2023).
• Net loss: HK$367.3m (down from HK$36.9m profit in FY 2023).
• HK$0.40 loss per share (down from HK$0.04 profit 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 Batteries segment contributing a total revenue of HK$4.90b (76% of total revenue). Notably, cost of sales worth HK$4.63b amounted to 72% of total revenue thereby underscoring the impact on earnings. The largest operating expense was Sales & Marketing costs, amounting to HK$845.8m (38% of total expenses). Explore how 40's revenue and expenses shape its earnings.

Gold Peak Technology Group shares are up 1.9% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 3 warning signs for Gold Peak Technology Group (2 make us uncomfortable!) that you should be aware of.

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