Being AI Full Year 2024 Earnings: NZ$0.001 loss per share (vs NZ$0.002 profit in FY 2023)

Being AI (NZSE:BAI) Full Year 2024 Results

Key Financial Results

• Revenue: NZ$40.4m (down 7.7% from FY 2023).
• Net loss: NZ$1.07m (down by 162% from NZ$1.72m profit in FY 2023).
• NZ$0.001 loss per share (down from NZ$0.002 profit in FY 2023).

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 Courier, Mail & Logistics segment contributing a total revenue of NZ$36.2m (89% of total revenue). Notably, cost of sales worth NZ$32.2m amounted to 80% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to NZ$5.25m (57% of total expenses). Explore how BAI's revenue and expenses shape its earnings.

Being AI's share price is broadly unchanged from a week ago.

Risk Analysis

We should say that we've discovered 4 warning signs for Being AI (2 make us uncomfortable!) that you should be aware of before investing here.

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