SmartDrive Full Year 2024 Earnings: EPS Beats Expectations, Revenues Lag

Simply Wall St

December 31, 2024

SmartDrive (TSE:5137) Full Year 2024 Results

Key Financial Results

Revenue: JP¥2.17b (up 27% from FY 2023).
Net income: JP¥266.0m (up from JP¥28.0m loss in FY 2023).
Profit margin: 12% (up from net loss in FY 2023). The move to profitability was driven by higher revenue.
EPS: JP¥42.72 (up from JP¥4.59 loss in FY 2023).

earnings-and-revenue-growth — TSE:5137 Earnings and Revenue Growth December 31st 2024

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

SmartDrive EPS Beats Expectations, Revenues Fall Short

Revenue missed analyst estimates by 10%. Earnings per share (EPS) exceeded analyst estimates by 12%.

Looking ahead, revenue is forecast to grow 31% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Software industry in Japan.

Performance of the Japanese Software industry.

The company's shares are up 8.3% from a week ago.

Risk Analysis

We should say that we've discovered 3 warning signs for SmartDrive (1 doesn't sit too well with us!) that you should be aware of before investing here.

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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.