EF-ON Full Year 2024 Earnings: Misses Expectations

EF-ON (TSE:9514) Full Year 2024 Results

Key Financial Results

• Revenue: JP¥17.5b (up 3.1% from FY 2023).
• Net income: JP¥281.0m (down 66% from FY 2023).
• Profit margin: 1.6% (down from 4.9% in FY 2023). The decrease in margin was driven by higher expenses.
• EPS: JP¥13.13 (down from JP¥38.35 in FY 2023).

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

EF-ON Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 2.9%. Earnings per share (EPS) also missed analyst estimates by 25%.

Looking ahead, revenue is forecast to grow 5.4% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Renewable Energy industry in Asia.

Performance of the market in Japan.

The company's shares are up 17% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 4 warning signs for EF-ON you should be aware of, and 1 of them is a bit concerning.

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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.