Readly International Full Year 2024 Earnings: EPS: kr2.65 (vs kr1.45 loss in FY 2023)

Readly International (STO:READ) Full Year 2024 Results

Key Financial Results

• Revenue: kr722.1m (up 8.9% from FY 2023).
• Net income: kr100.5m (up from kr54.9m loss in FY 2023).
• Profit margin: 14% (up from net loss in FY 2023).
• EPS: kr2.65 (up from kr1.45 loss in FY 2023).

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

The primary driver behind last 12 months revenue was the Germany segment contributing a total revenue of kr313.2m (43% of total revenue). Notably, cost of sales worth kr537.3m amounted to 74% of total revenue thereby underscoring the impact on earnings. The largest operating expense was Sales & Marketing costs, amounting to kr82.7m (56% of total expenses). Over the last 12 months, the company's earnings were enhanced by non-operating gains of kr64.5m. Explore how READ's revenue and expenses shape its earnings.

Readly International shares are down 5.7% from a week ago.

Risk Analysis

Be aware that Readly International is showing 2 warning signs in our investment analysis that you should know about...

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