Ependion Full Year 2024 Earnings: Revenues Beat Expectations, EPS Lags

Ependion (STO:EPEN) Full Year 2024 Results

Key Financial Results

• Revenue: kr2.26b (down 8.6% from FY 2023).
• Net income: kr158.0m (down 21% from FY 2023).
• Profit margin: 7.0% (down from 8.1% in FY 2023). The decrease in margin was driven by lower revenue.
• EPS: kr5.45 (down from kr6.93 in FY 2023).

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

Ependion Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 1.0%. Earnings per share (EPS) missed analyst estimates by 1.4%.

The primary driver behind last 12 months revenue was the Westermo segment contributing a total revenue of kr1.32b (58% of total revenue). The largest operating expense was Sales & Marketing costs, amounting to kr341.3m (34% of total expenses). Explore how EPEN's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 9.5% p.a. on average during the next 3 years, compared to a 8.0% growth forecast for the Electronic industry in Sweden.

Performance of the Swedish Electronic industry.

The company's shares are up 15% from a week ago.

Balance Sheet Analysis

While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. We have a graphic representation of Ependion's balance sheet and an in-depth analysis of the company's financial position.

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