Stock Analysis

MEEZA QSTP (Public) Full Year 2024 Earnings: EPS: ر.ق0.093 (vs ر.ق0.093 in FY 2023)

DSM:MEZA
Source: Shutterstock

MEEZA QSTP (Public) (DSM:MEZA) Full Year 2024 Results

Key Financial Results

  • Revenue: ر.ق374.2m (down 12% from FY 2023).
  • Net income: ر.ق60.4m (flat on FY 2023).
  • Profit margin: 16% (up from 14% in FY 2023). The increase in margin was driven by lower expenses.
  • EPS: ر.ق0.093 (in line with FY 2023).
earnings-and-revenue-history
DSM:MEZA Earnings and Revenue History February 8th 2025

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

MEEZA QSTP (Public) Earnings Insights

Looking ahead, revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 8.6% growth forecast for the IT industry in Asia.

Performance of the market in Qatar.

The company's share price is broadly unchanged from a week ago.

Balance Sheet Analysis

While earnings are important, another area to consider is the balance sheet. See our latest analysis on MEEZA QSTP (Public)'s balance sheet health.

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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.

About DSM:MEZA

MEEZA QSTP (Public)

Provides managed information technology (IT) services and solutions in Qatar, the Middle East, and North Africa.

Excellent balance sheet with acceptable track record.

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