Max Full Year 2024 Earnings: EPS Beats Expectations

Max (TSE:6454) Full Year 2024 Results

Key Financial Results

• Revenue: JP¥86.6b (up 2.8% from FY 2023).
• Net income: JP¥10.5b (up 38% from FY 2023).
• Profit margin: 12% (up from 9.0% in FY 2023).
• EPS: JP¥224 (up from JP¥161 in FY 2023).

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

Max EPS Beats Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 11%.

Looking ahead, revenue is forecast to grow 3.9% p.a. on average during the next 2 years, compared to a 4.9% growth forecast for the Machinery industry in Japan.

Performance of the Japanese Machinery industry.

The company's shares are up 11% from a week ago.

Balance Sheet Analysis

While earnings are important, another area to consider is the balance sheet. We have a graphic representation of Max's balance sheet and an in-depth analysis of the company's financial position.

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