Expert.ai (BIT:EXAI) Full Year 2024 Results
Key Financial Results
- Revenue: €29.6m (down 19% from FY 2023).
- Net loss: €10.1m (loss widened by 2.1% from FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Expert.ai Earnings Insights
In the last 12 months, the only revenue segment was Internet Software & Services contributing €29.6m. Notably, cost of sales worth €29.0m amounted to 98% of total revenue thereby underscoring the impact on earnings. The largest operating expense was Depreciation & Amortisation (D&A) costs, amounting to €8.35m (79% of total expenses). Explore how EXAI's revenue and expenses shape its earnings.
Looking ahead, revenue is forecast to grow 20% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Software industry in Italy.
Performance of the Italian Software industry.
The company's shares are up 10% from a week ago.
Risk Analysis
It is worth noting though that we have found 3 warning signs for Expert.ai (1 is concerning!) that you need to take into consideration.
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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 BIT:EXAI
Expert.ai
An artificial intelligence (AI) platform company, develops and sells cognitive computing software products based on AI algorithms to read and understand written language worldwide.
High growth potential with adequate balance sheet.
Market Insights
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