Stock Analysis

360 One Wam Full Year 2024 Earnings: Beats Expectations

NSEI:360ONE
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360 One Wam (NSE:360ONE) Full Year 2024 Results

Key Financial Results

  • Revenue: ₹29.2b (up 42% from FY 2023).
  • Net income: ₹8.04b (up 22% from FY 2023).
  • Profit margin: 28% (down from 32% in FY 2023). The decrease in margin was driven by higher expenses.
  • EPS: ₹22.48 (up from ₹18.51 in FY 2023).
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NSEI:360ONE Earnings and Revenue Growth April 25th 2024

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

360 One Wam Revenues and Earnings Beat Expectations

Revenue exceeded analyst estimates by 8.8%. Earnings per share (EPS) also surpassed analyst estimates by 4.5%.

Looking ahead, revenue is forecast to stay flat during the next 3 years compared to a 15% growth forecast for the Capital Markets industry in India.

Performance of the Indian Capital Markets industry.

The company's shares are up 6.7% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 3 warning signs for 360 One Wam (of which 1 makes us a bit uncomfortable!) you should know about.

Valuation is complex, but we're helping make it simple.

Find out whether 360 One Wam is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.

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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.