XOX Berhad Full Year 2024 Earnings: RM0.073 loss per share (vs RM0.40 loss in FY 2023)

XOX Berhad (KLSE:XOX) Full Year 2024 Results

Key Financial Results

• Revenue: RM250.9m (down 8.3% from FY 2023).
• Net loss: RM12.6m (loss narrowed by 81% from FY 2023).
• RM0.073 loss per share (improved from RM0.40 loss 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 Mobile Communication Services segment contributing a total revenue of RM406.0m (162% of total revenue). Notably, cost of sales worth RM145.3m amounted to 58% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to RM83.5m (71% of total expenses). Explore how XOX's revenue and expenses shape its earnings.

XOX Berhad shares are up 15% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 3 warning signs for XOX Berhad (of which 2 are concerning!) you should know about.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

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.