AirAsia X Berhad Third Quarter 2024 Earnings: EPS: RM0.27 (vs RM0.012 in 3Q 2023)

AirAsia X Berhad (KLSE:AAX) Third Quarter 2024 Results

Key Financial Results

• Revenue: RM795.0m (up 23% from 3Q 2023).
• Net income: RM121.6m (up by RM116.1m from 3Q 2023).
• Profit margin: 15% (up from 0.9% in 3Q 2023).
• EPS: RM0.27 (up from RM0.012 in 3Q 2023).

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

AirAsia X Berhad Earnings Insights

Looking ahead, revenue is forecast to grow 51% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Airlines industry in Asia.

Performance of the market in Malaysia.

The company's shares are down 7.7% from a week ago.

Risk Analysis

Be aware that AirAsia X Berhad is showing 1 warning sign in our investment analysis that you should know about...

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