REDtone Digital Berhad Full Year 2024 Earnings: EPS: RM0.077 (vs RM0.074 in FY 2023)

REDtone Digital Berhad (KLSE:REDTONE) Full Year 2024 Results

Key Financial Results

• Revenue: RM342.2m (up 59% from FY 2023).
• Net income: RM59.8m (up 4.1% from FY 2023).
• Profit margin: 18% (down from 27% in FY 2023).
• EPS: RM0.077 (up from RM0.074 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 Managed Telecommunication Network Services (MTNS) segment contributing a total revenue of RM375.3m (110% of total revenue). Notably, cost of sales worth RM229.2m amounted to 67% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to RM45.8m (86% of total expenses). Explore how REDTONE's revenue and expenses shape its earnings.

REDtone Digital Berhad shares are up 2.0% from a week ago.

Risk Analysis

You still need to take note of risks, for example - REDtone Digital Berhad has 3 warning signs (and 1 which makes us a bit uncomfortable) we think you should know about.

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