ikeGPS Group Full Year 2024 Earnings: EPS Misses Expectations

ikeGPS Group (NZSE:IKE) Full Year 2024 Results

Key Financial Results

• Revenue: NZ$21.1m (down 32% from FY 2023).
• Net loss: NZ$15.0m (loss widened by 91% from FY 2023).
• NZ$0.09 loss per share (further deteriorated from NZ$0.049 loss in FY 2023).

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

ikeGPS Group EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 22%.

Looking ahead, revenue is forecast to grow 24% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Electronic industry in Oceania.

Performance of the market in New Zealand.

The company's shares are up 5.7% from a week ago.

Risk Analysis

You should learn about the 3 warning signs we've spotted with ikeGPS Group (including 1 which is a bit unpleasant).

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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.