Basic-Fit Full Year 2024 Earnings: EPS Misses Expectations

Basic-Fit (AMS:BFIT) Full Year 2024 Results

Key Financial Results

• Revenue: €1.22b (up 16% from FY 2023).
• Net income: €8.00m (up from €2.70m loss in FY 2023).
• Profit margin: 0.7% (up from net loss in FY 2023).
• EPS: €0.12 (up from €0.041 loss in FY 2023).

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

Basic-Fit EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 77%.

The primary driver behind last 12 months revenue was the France, Spain & Germany segment contributing a total revenue of €693.1m (57% of total revenue). The largest operating expense was Depreciation & Amortisation (D&A) costs, amounting to €440.4m (46% of total expenses). Explore how BFIT's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the Hospitality industry in Europe.

Performance of the market in the Netherlands.

The company's shares are down 24% from a week ago.

Risk Analysis

You should learn about the 3 warning signs we've spotted with Basic-Fit (including 1 which is potentially serious).

Valuation is complex, but we're here to simplify it.

Discover if Basic-Fit might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.

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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.