Digital Garage Full Year 2024 Earnings: EPS Beats Expectations, Revenues Lag

Digital Garage (TSE:4819) Full Year 2024 Results

Key Financial Results

• Revenue: JP¥31.4b (up 25% from FY 2023).
• Net income: JP¥5.81b (up from JP¥9.06b loss in FY 2023).
• Profit margin: 19% (up from net loss in FY 2023).
• EPS: JP¥127 (up from JP¥193 loss in FY 2023).

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

Digital Garage EPS Beats Expectations, Revenues Fall Short

Revenue missed analyst estimates by 13%. Earnings per share (EPS) exceeded analyst estimates by 8.7%.

Looking ahead, revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the IT industry in Japan.

Performance of the Japanese IT industry.

The company's shares are up 12% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 4 warning signs for Digital Garage (1 shouldn't be ignored!) that you should be aware of.

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