Taiko PharmaceuticalLtd Full Year 2024 Earnings: EPS Beats Expectations, Revenues Lag

Taiko PharmaceuticalLtd (TSE:4574) Full Year 2024 Results

Key Financial Results

• Revenue: JP¥6.29b (up 2.8% from FY 2023).
• Net income: JP¥898.0m (up from JP¥3.61b loss in FY 2023).
• Profit margin: 14% (up from net loss in FY 2023). The move to profitability was primarily driven by lower expenses.
• EPS: JP¥17.90 (up from JP¥76.25 loss in FY 2023).

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

Taiko PharmaceuticalLtd EPS Beats Expectations, Revenues Fall Short

Revenue missed analyst estimates by 3.9%. Earnings per share (EPS) exceeded analyst estimates by 44%.

Looking ahead, revenue is forecast to grow 9.9% p.a. on average during the next 2 years, compared to a 6.9% growth forecast for the Medical Equipment industry in Japan.

Performance of the Japanese Medical Equipment industry.

The company's shares are down 7.4% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 2 warning signs for Taiko PharmaceuticalLtd (1 is a bit concerning!) that you should be aware of.

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