GREE (TSE:3632) Full Year 2024 Results
Key Financial Results
- Revenue: JP¥61.3b (down 19% from FY 2023).
- Net income: JP¥4.63b (down 50% from FY 2023).
- Profit margin: 7.6% (down from 12% in FY 2023). The decrease in margin was driven by lower revenue.
- EPS: JP¥27.10 (down from JP¥54.07 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
GREE EPS Beats Expectations, Revenues Fall Short
Revenue missed analyst estimates by 1.0%. Earnings per share (EPS) exceeded analyst estimates by 8.1%.
Looking ahead, revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 7.9% growth forecast for the Entertainment industry in Japan.
Performance of the Japanese Entertainment industry.
The company's shares are up 1.1% from a week ago.
Valuation
Our analysis of these results suggests GREE may be undervalued based on 6 important criteria we look at. To access our thorough examination of analyst consensus click here and discover the expected future direction of the company.
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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.
About TSE:3632
GREE
Operates Internet entertainment, investment, and incubation business in Japan and internationally.
Very undervalued with excellent balance sheet and pays a dividend.
