CrowdWorks Full Year 2024 Earnings: Revenues Beat Expectations, EPS In Line

CrowdWorks (TSE:3900) Full Year 2024 Results

Key Financial Results

• Revenue: JP¥17.1b (up 30% from FY 2023).
• Net income: JP¥910.0m (down 17% from FY 2023).
• Profit margin: 5.3% (down from 8.3% in FY 2023). The decrease in margin was driven by higher expenses.
• EPS: JP¥58.25 (down from JP¥71.19 in FY 2023).

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

CrowdWorks Revenues Beat Expectations

Revenue exceeded analyst estimates by 2.8%. Earnings per share (EPS) was mostly in line with analyst estimates.

Looking ahead, revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Professional Services industry in Japan.

Performance of the Japanese Professional Services industry.

The company's shares are up 25% from a week ago.

Risk Analysis

Be aware that CrowdWorks is showing 2 warning signs in our investment analysis that you should know about...

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