Seojin SystemLtd Full Year 2024 Earnings: Misses Expectations

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Seojin SystemLtd (KOSDAQ:178320) Full Year 2024 Results

Key Financial Results

  • Revenue: ₩1.21t (up 56% from FY 2023).
  • Net income: ₩84.3b (up from ₩2.08b loss in FY 2023).
  • Profit margin: 6.9% (up from net loss in FY 2023). The move to profitability was driven by higher revenue.
  • EPS: ₩1,696 (up from ₩55.64 loss in FY 2023).
KOSDAQ:A178320 Earnings and Revenue Growth March 25th 2025

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

Seojin SystemLtd Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 5.6%. Earnings per share (EPS) also missed analyst estimates by 28%.

Looking ahead, revenue is forecast to grow 32% p.a. on average during the next 2 years, compared to a 28% growth forecast for the Communications industry in South Korea.

Performance of the South Korean Communications industry.

The company's shares are down 2.2% from a week ago.

Risk Analysis

It's still necessary to consider the ever-present spectre of investment risk. We've identified 3 warning signs with Seojin SystemLtd, and understanding them should be part of your investment process.

Valuation is complex, but we're here to simplify it.

Discover if Seojin SystemLtd might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.

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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.