Tbi Motion Technology Third Quarter 2024 Earnings: NT$0.93 loss per share (vs NT$0.29 profit in 3Q 2023)

Tbi Motion Technology (TWSE:4540) Third Quarter 2024 Results

Key Financial Results

• Revenue: NT$495.6m (down 21% from 3Q 2023).
• Net loss: NT$89.0m (down by 417% from NT$28.1m profit in 3Q 2023).
• NT$0.93 loss per share (down from NT$0.29 profit in 3Q 2023).

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

Tbi Motion Technology Earnings Insights

Looking ahead, revenue is forecast to grow 18% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Machinery industry in Taiwan.

Performance of the Taiwanese Machinery industry.

The company's shares are down 9.0% from a week ago.

Risk Analysis

We should say that we've discovered 3 warning signs for Tbi Motion Technology (2 are a bit unpleasant!) that you should be aware of before investing here.

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