GMO Payment Gateway Full Year 2024 Earnings: EPS Beats Expectations

GMO Payment Gateway (TSE:3769) Full Year 2024 Results

Key Financial Results

• Revenue: JP¥73.8b (up 17% from FY 2023).
• Net income: JP¥18.7b (up 39% from FY 2023).
• Profit margin: 25% (up from 21% in FY 2023). The increase in margin was driven by higher revenue.
• EPS: JP¥247 (up from JP¥178 in FY 2023).

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

GMO Payment Gateway EPS Beats Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 9.7%.

Looking ahead, revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Diversified Financial industry in Japan.

Performance of the Japanese Diversified Financial industry.

The company's shares are down 21% from a week ago.

Risk Analysis

It is worth noting though that we have found 1 warning sign for GMO Payment Gateway that you need to take into consideration.

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