Ataa Educational Full Year 2024 Earnings: Misses Expectations

Ataa Educational (TADAWUL:4292) Full Year 2024 Results

Key Financial Results

• Revenue: ر.س678.6m (flat on FY 2023).
• Net income: ر.س63.4m (down 6.5% from FY 2023).
• Profit margin: 9.3% (in line with FY 2023).
• EPS: ر.س1.51 (down from ر.س1.61 in FY 2023).

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

Ataa Educational Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 4.2%. Earnings per share (EPS) also missed analyst estimates by 26%.

Looking ahead, revenue is forecast to grow 10% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Consumer Services industry in Asia.

Performance of the market in Saudi Arabia.

The company's shares are up 5.6% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 2 warning signs for Ataa Educational you should know about.

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