LINK Mobility Group Holding Full Year 2024 Earnings: Misses Expectations
LINK Mobility Group Holding (OB:LINK) Full Year 2024 Results
Key Financial Results
- Revenue: kr6.99b (up 11% from FY 2023).
- Net income: kr171.5m (up 347% from FY 2023).
- Profit margin: 2.5% (up from 0.6% in FY 2023).
- EPS: kr0.57 (up from kr0.13 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
LINK Mobility Group Holding Revenues and Earnings Miss Expectations
Revenue missed analyst estimates by 2.3%. Earnings per share (EPS) also missed analyst estimates by 32%.
The primary driver behind last 12 months revenue was the Western Europe segment contributing a total revenue of kr2.11b (30% of total revenue). Notably, cost of sales worth kr5.88b amounted to 84% of total revenue thereby underscoring the impact on earnings.Explore how LINK's revenue and expenses shape its earnings.
Looking ahead, revenue is forecast to grow 7.8% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Software industry in Norway.
Performance of the Norwegian Software industry.
The company's shares are up 5.0% from a week ago.
Risk Analysis
We should say that we've discovered 1 warning sign for LINK Mobility Group Holding that you should be aware of before investing here.
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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.
About OB:LINK
LINK Mobility Group Holding
Provides mobile and communication-platform-as-a-service solutions.
Excellent balance sheet and good value.
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