Stock Analysis
Mercari Full Year 2024 Earnings: EPS Beats Expectations, Revenues Lag
Mercari (TSE:4385) Full Year 2024 Results
Key Financial Results
- Revenue: JP¥187.4b (up 8.9% from FY 2023).
- Net income: JP¥13.5b (up 3.0% from FY 2023).
- Profit margin: 7.2% (down from 7.6% in FY 2023). The decrease in margin was driven by higher expenses.
- EPS: JP¥82.47 (up from JP¥81.01 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Mercari EPS Beats Expectations, Revenues Fall Short
Revenue missed analyst estimates by 1.0%. Earnings per share (EPS) exceeded analyst estimates by 16%.
Looking ahead, revenue is forecast to grow 9.7% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Multiline Retail industry in Japan.
Performance of the Japanese Multiline Retail industry.
The company's share price is broadly unchanged from a week ago.
Risk Analysis
You should learn about the 2 warning signs we've spotted with Mercari (including 1 which is a bit unpleasant).
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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:4385
Mercari
Plans, develops, and operates Mercari marketplace applications in Japan and the United States.