Stock Analysis
monoAI technologyLtd First Quarter 2024 Earnings: JP¥3.18 loss per share (vs JP¥3.49 profit in 1Q 2023)
monoAI technologyLtd (TSE:5240) First Quarter 2024 Results
Key Financial Results
- Revenue: JP¥400.0m (up 12% from 1Q 2023).
- Net loss: JP¥33.0m (down by 207% from JP¥31.0m profit in 1Q 2023).
- JP¥3.18 loss per share (down from JP¥3.49 profit in 1Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
monoAI technologyLtd Earnings Insights
Looking ahead, revenue is forecast to grow 17% 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 13% from a week ago.
Risk Analysis
Before you take the next step you should know about the 3 warning signs for monoAI technologyLtd (1 is concerning!) that we have uncovered.
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About TSE:5240
monoAI technologyLtd
Provides metaverse, and XR event and peripheral services.
Excellent balance sheet with reasonable growth potential.