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MOBI Development Full Year 2024 Earnings: CN¥0.15 loss per share (vs CN¥0.073 loss in FY 2023)
MOBI Development (HKG:947) Full Year 2024 Results
Key Financial Results
- Revenue: CN¥515.1m (down 20% from FY 2023).
- Net loss: CN¥120.5m (loss widened by 104% from FY 2023).
- CN¥0.15 loss per share (further deteriorated from CN¥0.073 loss in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
MOBI Development's share price is broadly unchanged from a week ago.
Risk Analysis
We don't want to rain on the parade too much, but we did also find 2 warning signs for MOBI Development (1 shouldn't be ignored!) that you need to be mindful 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.
About SEHK:947
MOBI Development
An investment holding company, researches, develops, manufactures, and sells antenna system, base station radio frequency subsystem, and products of coverage extension solutions in the People’s Republic of China, Asia, Europe, the Americas, and internationally.
Mediocre balance sheet and slightly overvalued.
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