Digital Information Technologies Full Year 2024 Earnings: EPS Misses Expectations

Digital Information Technologies (TSE:3916) Full Year 2024 Results

Key Financial Results

• Revenue: JP¥19.9b (up 9.6% from FY 2023).
• Net income: JP¥1.69b (up 17% from FY 2023).
• Profit margin: 8.5% (up from 8.0% in FY 2023). The increase in margin was driven by higher revenue.
• EPS: JP¥113 (up from JP¥95.13 in FY 2023).

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

Digital Information Technologies EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 3.1%.

Looking ahead, revenue is forecast to grow 9.2% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the IT industry in Japan.

Performance of the Japanese IT industry.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 1 warning sign for Digital Information Technologies you should be aware of.

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