Techwing Full Year 2024 Earnings: Misses Expectations

Techwing (KOSDAQ:089030) Full Year 2024 Results

Key Financial Results

• Revenue: ₩185.5b (up 39% from FY 2023).
• Net loss: ₩20.9b (loss widened by 124% from FY 2023).
• ₩584 loss per share (further deteriorated from ₩260 loss in FY 2023).

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

Techwing Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 4.0%. Earnings per share (EPS) was also behind analyst expectations.

Looking ahead, revenue is forecast to grow 42% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Semiconductor industry in South Korea.

Performance of the South Korean Semiconductor industry.

The company's shares are up 15% from a week ago.

Risk Analysis

We should say that we've discovered 2 warning signs for Techwing (1 is potentially serious!) 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.