OpenSys (M) Berhad Full Year 2024 Earnings: EPS: RM0.027 (vs RM0.028 in FY 2023)

OpenSys (M) Berhad (KLSE:OPENSYS) Full Year 2024 Results

Key Financial Results

• Revenue: RM92.7m (up 4.9% from FY 2023).
• Net income: RM11.9m (down 3.4% from FY 2023).
• Profit margin: 13% (down from 14% in FY 2023). The decrease in margin was driven by higher expenses.
• EPS: RM0.027 (down from RM0.028 in FY 2023).

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

The primary driver behind last 12 months revenue was the Solutions and Services segment contributing a total revenue of RM81.2m (88% of total revenue). Notably, cost of sales worth RM57.6m amounted to 62% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to RM16.2m (70% of total expenses). Explore how OPENSYS's revenue and expenses shape its earnings.

OpenSys (M) Berhad shares are down 4.3% from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 2 warning signs for OpenSys (M) Berhad that you need to be mindful of.

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