Fastned B.V Full Year 2024 Earnings: Misses Expectations

Fastned B.V (AMS:FAST) Full Year 2024 Results

Key Financial Results

• Revenue: €86.7m (up 43% from FY 2023).
• Net loss: €26.6m (loss widened by 38% from FY 2023).
• €1.38 loss per share (further deteriorated from €1.00 loss in FY 2023).

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

Fastned B.V Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 1.1%. Earnings per share (EPS) also missed analyst estimates by 42%.

Looking ahead, revenue is forecast to grow 30% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Specialty Retail industry in Europe.

Performance of the market in the Netherlands.

The company's shares are down 6.9% from a week ago.

Balance Sheet Analysis

While earnings are important, another area to consider is the balance sheet. We have a graphic representation of Fastned B.V's balance sheet and an in-depth analysis of the company's financial position.

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