RateGain Travel Technologies Full Year 2024 Earnings: EPS Beats Expectations
RateGain Travel Technologies (NSE:RATEGAIN) Full Year 2024 Results
Key Financial Results
- Revenue: ₹9.99b (up 77% from FY 2023).
- Net income: ₹1.45b (up 113% from FY 2023).
- Profit margin: 15% (up from 12% in FY 2023). The increase in margin was driven by higher revenue.
- EPS: ₹13.01 (up from ₹6.33 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
RateGain Travel Technologies EPS Beats Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 3.4%.
Looking ahead, revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Software industry in India.
Performance of the Indian Software industry.
The company's shares are up 3.7% from a week ago.
Risk Analysis
It is worth noting though that we have found 1 warning sign for RateGain Travel Technologies that you need to take into consideration.
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About NSEI:RATEGAIN
RateGain Travel Technologies
A Software as a Service (SaaS) company, provides solutions for hospitality and travel industries in India, North America, the Asia-Pacific, Europe, and internationally.
Flawless balance sheet with solid track record.