AEM Holdings Full Year 2024 Earnings: Beats Expectations

AEM Holdings (SGX:AWX) Full Year 2024 Results

Key Financial Results

• Revenue: S$380.4m (down 21% from FY 2023).
• Net income: S$11.4m (up from S$1.24m loss in FY 2023).
• Profit margin: 3.0% (up from net loss in FY 2023). The move to profitability was driven by lower expenses.
• EPS: S$0.037 (up from S$0.004 loss in FY 2023).

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

AEM Holdings Revenues and Earnings Beat Expectations

Revenue exceeded analyst estimates by 4.4%. Earnings per share (EPS) also surpassed analyst estimates by 24%.

Looking ahead, revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Semiconductor industry in Asia.

Performance of the market in Singapore.

The company's shares are down 13% from a week ago.

Balance Sheet Analysis

While earnings are important, another area to consider is the balance sheet. We have a graphic representation of AEM Holdings' balance sheet and an in-depth analysis of the company's financial position.

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