ASIRO (TSE:7378) Full Year 2024 Results
Key Financial Results
- Revenue: JP¥4.80b (up 50% from FY 2023).
- Net income: JP¥142.0m (up from JP¥12.0m loss in FY 2023).
- Profit margin: 3.0% (up from net loss in FY 2023). The move to profitability was driven by higher revenue.
- EPS: JP¥19.60 (up from JP¥1.64 loss in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
ASIRO Revenues and Earnings Beat Expectations
Revenue exceeded analyst estimates by 13%. Earnings per share (EPS) also surpassed analyst estimates.
Looking ahead, revenue is forecast to grow 19% p.a. on average during the next 2 years, compared to a 5.7% growth forecast for the Professional Services industry in Japan.
Performance of the Japanese Professional Services industry.
The company's shares are up 6.7% from a week ago.
Risk Analysis
It's necessary to consider the ever-present spectre of investment risk. We've identified 2 warning signs with ASIRO (at least 1 which is potentially serious), and understanding these should be part of your investment process.
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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 TSE:7378
ASIRO
Operates a range of media sites that offer legal services in Japan.
Excellent balance sheet with reasonable growth potential.
