STraffic Co Full Year 2024 Earnings: Revenues Beat Expectations, EPS Lags

STraffic Co (KOSDAQ:234300) Full Year 2024 Results

Key Financial Results

• Revenue: ₩189.0b (up 28% from FY 2023).
• Net income: ₩5.98b (down 64% from FY 2023).
• Profit margin: 3.2% (down from 11% in FY 2023).
• EPS: ₩220 (down from ₩626 in FY 2023).

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

STraffic Co Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 10%. Earnings per share (EPS) missed analyst estimates by 20%.

Looking ahead, revenue is forecast to grow 7.0% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Software industry in South Korea.

Performance of the South Korean Software industry.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

We should say that we've discovered 3 warning signs for STraffic Co that you should be aware of before investing here.

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