NZX Full Year 2024 Earnings: EPS Beats Expectations

Simply Wall St

February 27, 2025

NZX (NZSE:NZX) Full Year 2024 Results

Key Financial Results

Revenue: NZ$120.8m (up 11% from FY 2023).
Net income: NZ$25.5m (up 88% from FY 2023).
Profit margin: 21% (up from 13% in FY 2023).
EPS: NZ$0.078 (up from NZ$0.042 in FY 2023).

revenue-and-expenses-breakdown — NZSE:NZX Revenue and Expenses Breakdown February 27th 2025

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

NZX EPS Beats Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 17%.

The primary driver behind last 12 months revenue was the Funds Services segment contributing a total revenue of NZ$44.0m (36% of total revenue). Notably, cost of sales worth NZ$71.3m amounted to 59% of total revenue thereby underscoring the impact on earnings. The largest operating expense was Depreciation & Amortisation (D&A) costs, amounting to NZ$18.0m (75% of total expenses). Explore how NZX's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the Capital Markets industry in Oceania.

Performance of the market in New Zealand.

The company's shares are up 4.5% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 1 warning sign for NZX you should be aware of.

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

Discover if NZX 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.