Aztech Global Full Year 2024 Earnings: Revenues Disappoint

Aztech Global (SGX:8AZ) Full Year 2024 Results

Key Financial Results

• Revenue: S$622.1m (down 31% from FY 2023).
• Net income: S$70.5m (down 30% from FY 2023).
• Profit margin: 11% (in line with FY 2023).
• EPS: S$0.091 (down from S$0.13 in FY 2023).

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

Aztech Global Revenues Disappoint

Revenue missed analyst estimates by 7.8%. Earnings per share (EPS) was mostly in line with analyst estimates.

Looking ahead, revenue is forecast to grow 1.3% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Electronic industry in Asia.

Performance of the market in Singapore.

The company's shares are up 4.8% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 1 warning sign for Aztech Global that you should be aware of.

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