Asset Plus (NZSE:APL) Full Year 2024 Results
Key Financial Results
- Net loss: NZ$5.30m (loss narrowed by 59% from FY 2023).
- NZ$0.015 loss per share (improved from NZ$0.036 loss in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Asset Plus EPS Beats Expectations, Revenues Fall Short
Revenue missed analyst estimates by 2.3%. Earnings per share (EPS) exceeded analyst estimates by 34%.
Looking ahead, revenue is forecast to grow 9.4% p.a. on average during the next 3 years, while revenues in the REITs industry in Oceania are expected to remain flat.
Performance of the market in New Zealand.
The company's share price is broadly unchanged from a week ago.
Risk Analysis
Before you take the next step you should know about the 2 warning signs for Asset Plus that we have uncovered.
New: Manage All Your Stock Portfolios in One Place
We've created the ultimate portfolio companion for stock investors, and it's free.
• Connect an unlimited number of Portfolios and see your total in one currency
• Be alerted to new Warning Signs or Risks via email or mobile
• Track the Fair Value of your stocks
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
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 NZSE:APL
Moderate growth potential with mediocre balance sheet.
