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Thriven Global Berhad Third Quarter 2024 Earnings: EPS: RM0.001 (vs RM0.008 loss in 3Q 2023)
Thriven Global Berhad (KLSE:THRIVEN) Third Quarter 2024 Results
Key Financial Results
- Revenue: RM11.6m (down 34% from 3Q 2023).
- Net income: RM444.0k (up from RM4.44m loss in 3Q 2023).
- Profit margin: 3.8% (up from net loss in 3Q 2023). The move to profitability was driven by lower expenses.
- EPS: RM0.001 (up from RM0.008 loss in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Thriven Global Berhad's share price is broadly unchanged from a week ago.
Risk Analysis
You should always think about risks. Case in point, we've spotted 3 warning signs for Thriven Global Berhad you should be aware of, and 1 of them is a bit unpleasant.
Valuation is complex, but we're here to simplify it.
Discover if Thriven Global Berhad 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.
About KLSE:THRIVEN
Thriven Global Berhad
An investment holding company, develops and invests in properties in Malaysia.
Adequate balance sheet low.