Equita Group Full Year 2024 Earnings: EPS: €0.28 (vs €0.34 in FY 2023)

Equita Group (BIT:EQUI) Full Year 2024 Results

Key Financial Results

• Revenue: €98.0m (up 3.2% from FY 2023).
• Net income: €14.0m (down 13% from FY 2023).
• Profit margin: 14% (down from 17% in FY 2023). The decrease in margin was driven by higher expenses.
• EPS: €0.28 (down from €0.34 in FY 2023).

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

Equita Group Earnings Insights

Looking ahead, revenue is forecast to grow 2.5% p.a. on average during the next 2 years, compared to a 3.2% decline forecast for the Capital Markets industry in Italy.

Performance of the Italian Capital Markets industry.

The company's shares are up 2.8% from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 1 warning sign for Equita Group that you should be aware 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.