Enlight Renewable Energy Full Year 2024 Earnings: EPS: US$0.37 (vs US$0.61 in FY 2023)

Enlight Renewable Energy (TLV:ENLT) Full Year 2024 Results

Key Financial Results

• Revenue: US$398.8m (up 56% from FY 2023).
• Net income: US$44.2m (down 38% from FY 2023).
• Profit margin: 11% (down from 28% in FY 2023). The decrease in margin was driven by higher expenses.
• EPS: US$0.37 (down from US$0.61 in FY 2023).

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

Enlight Renewable Energy Earnings Insights

Looking ahead, revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 10.0% growth forecast for the Renewable Energy industry in Asia.

Performance of the market in Israel.

The company's shares are up 7.7% 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 Enlight Renewable Energy (1 shouldn't be ignored!) that you need to be mindful of.

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