NETSTARSLtd Third Quarter 2024 Earnings: EPS: JP¥3.80 (vs JP¥10.07 loss in 3Q 2023)

NETSTARSLtd (TSE:5590) Third Quarter 2024 Results

Key Financial Results

• Revenue: JP¥1.01b (up 13% from 3Q 2023).
• Net income: JP¥63.5m (up from JP¥168.0m loss in 3Q 2023).
• Profit margin: 6.3% (up from net loss in 3Q 2023). The move to profitability was primarily driven by higher revenue.
• EPS: JP¥3.80 (up from JP¥10.07 loss in 3Q 2023).

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

NETSTARSLtd Earnings Insights

Looking ahead, revenue is forecast to grow 28% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the Diversified Financial industry in Japan.

Performance of the Japanese Diversified Financial industry.

The company's shares are up 6.2% from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 2 warning signs for NETSTARSLtd (1 is significant!) that you need to be mindful of.

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