MEITEC Group Holdings Full Year 2024 Earnings: EPS Misses Expectations

MEITEC Group Holdings (TSE:9744) Full Year 2024 Results

Key Financial Results

• Revenue: JP¥127.0b (up 6.6% from FY 2023).
• Net income: JP¥12.3b (flat on FY 2023).
• Profit margin: 9.7% (in line with FY 2023).
• EPS: JP¥158 (up from JP¥154 in FY 2023).

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

MEITEC Group Holdings EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 3.2%.

Looking ahead, revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Professional Services industry in Japan.

Performance of the Japanese Professional Services industry.

The company's shares are up 5.7% from a week ago.

Risk Analysis

You still need to take note of risks, for example - MEITEC Group Holdings has 1 warning sign we think you should be aware of.

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