Ancom Logistics Berhad Full Year 2024 Earnings: RM0.008 loss per share (vs RM0.001 loss in FY 2023)

Simply Wall St

October 04, 2024

Ancom Logistics Berhad (KLSE:ANCOMLB) Full Year 2024 Results

Key Financial Results

Revenue: RM31.4m (up 2.9% from FY 2023).
Net loss: RM3.74m (loss widened by RM3.36m from FY 2023).
RM0.008 loss per share (further deteriorated from RM0.001 loss in FY 2023).

revenue-and-expenses-breakdown — KLSE:ANCOMLB Revenue and Expenses Breakdown October 4th 2024

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 Logistics segment contributing a total revenue of RM31.4m (100% of total revenue). Notably, cost of sales worth RM25.3m amounted to 80% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to RM6.82m (69% of total expenses). Explore how ANCOMLB's revenue and expenses shape its earnings.

Ancom Logistics Berhad shares are up 12% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 2 warning signs for Ancom Logistics Berhad (of which 1 makes us a bit uncomfortable!) you should know about.

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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.