Winton Land (NZSE:WIN) Full Year 2024 Results
Key Financial Results
- Revenue: NZ$173.6m (down 18% from FY 2023).
- Net income: NZ$15.7m (down 76% from FY 2023).
- Profit margin: 9.1% (down from 31% in FY 2023). The decrease in margin was primarily driven by lower revenue.
- EPS: NZ$0.053 (down from NZ$0.22 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Winton Land Revenues and Earnings Miss Expectations
Revenue missed analyst estimates by 2.7%. Earnings per share (EPS) also missed analyst estimates by 58%.
Looking ahead, revenue is forecast to grow 17% p.a. on average during the next 2 years, compared to a 3.1% growth forecast for the Real Estate industry in Oceania.
Performance of the market in New Zealand.
The company's shares are down 5.0% from a week ago.
Risk Analysis
You still need to take note of risks, for example - Winton Land has 2 warning signs we think you should be aware of.
Valuation is complex, but we're here to simplify it.
Discover if Winton Land 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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About NZSE:WIN
Winton Land
Operates as a land developer that specializes in developing integrated and fully master planned neighborhoods in New Zealand and Australia.
High growth potential with excellent balance sheet.