Stock Analysis

Adventure Full Year 2024 Earnings: Misses Expectations

TSE:6030
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Adventure (TSE:6030) Full Year 2024 Results

Key Financial Results

  • Revenue: JP¥22.4b (up 12% from FY 2023).
  • Net income: JP¥750.0m (down 59% from FY 2023).
  • Profit margin: 3.3% (down from 9.1% in FY 2023). The decrease in margin was driven by higher expenses.
  • EPS: JP¥100 (down from JP¥243 in FY 2023).
    earnings-and-revenue-growth
    TSE:6030 Earnings and Revenue Growth October 3rd 2024

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

    Adventure Revenues and Earnings Miss Expectations

    Revenue missed analyst estimates by 1.0%. Earnings per share (EPS) also missed analyst estimates by 35%.

    Looking ahead, revenue is forecast to grow 26% p.a. on average during the next 2 years, compared to a 6.7% growth forecast for the Hospitality industry in Japan.

    Performance of the Japanese Hospitality industry.

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

    Risk Analysis

    Before you take the next step you should know about the 2 warning signs for Adventure (1 is significant!) that we have uncovered.

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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.