GungHo Online Entertainment Full Year 2024 Earnings: Misses Expectations

GungHo Online Entertainment (TSE:3765) Full Year 2024 Results

Key Financial Results

• Revenue: JP¥103.6b (down 17% from FY 2023).
• Net income: JP¥11.2b (down 32% from FY 2023).
• Profit margin: 11% (down from 13% in FY 2023). The decrease in margin was driven by lower revenue.
• EPS: JP¥183 (down from JP¥273 in FY 2023).

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

GungHo Online Entertainment Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 2.3%. Earnings per share (EPS) also missed analyst estimates by 17%.

Looking ahead, revenue is forecast to grow 1.9% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Entertainment industry in Japan.

Performance of the Japanese Entertainment industry.

The company's shares are up 1.9% from a week ago.

Risk Analysis

It is worth noting though that we have found 1 warning sign for GungHo Online Entertainment that you need to take into consideration.

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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.