Hemnet Group Full Year 2024 Earnings: EPS Misses Expectations

Simply Wall St

April 03, 2025

Hemnet Group (STO:HEM) Full Year 2024 Results

Key Financial Results

Revenue: kr1.39b (up 39% from FY 2023).
Net income: kr481.4m (up 42% from FY 2023).
Profit margin: 35% (in line with FY 2023).
EPS: kr5.01 (up from kr3.47 in FY 2023).

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revenue-and-expenses-breakdown — OM:HEM Revenue and Expenses Breakdown April 3rd 2025

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

Hemnet Group EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 2.7%.

In the last 12 months, the only revenue segment was Internet Information Providers contributing kr1.39b. The largest operating expense was General & Administrative costs, amounting to kr480.7m (67% of total expenses). Explore how HEM's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Interactive Media and Services industry in Sweden.

Performance of the Swedish Interactive Media and Services industry.

The company's shares are up 4.4% from a week ago.

Risk Analysis

Before you take the next step you should know about the 1 warning sign for Hemnet Group that we have uncovered.

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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.