Formpipe Software Full Year 2024 Earnings: EPS Misses Expectations

Formpipe Software (STO:FPIP) Full Year 2024 Results

Key Financial Results

• Revenue: kr528.9m (flat on FY 2023).
• Net income: kr17.1m (down 54% from FY 2023).
• Profit margin: 3.2% (down from 7.0% in FY 2023).
• EPS: kr0.32 (down from kr0.68 in FY 2023).

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

Formpipe Software EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 46%.

The primary driver behind last 12 months revenue was the Public segment contributing a total revenue of kr303.6m (57% of total revenue). Explore how FPIP's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 8.9% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Software industry in Sweden.

Performance of the Swedish Software industry.

The company's shares are up 2.9% from a week ago.

Risk Analysis

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

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

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.