Sports Gear Third Quarter 2024 Earnings: EPS: NT$1.76 (vs NT$0.42 in 3Q 2023)

Simply Wall St

November 15, 2024

Sports Gear (TWSE:6768) Third Quarter 2024 Results

Key Financial Results

Revenue: NT$4.29b (up 45% from 3Q 2023).
Net income: NT$344.4m (up 320% from 3Q 2023).
Profit margin: 8.0% (up from 2.8% in 3Q 2023). The increase in margin was driven by higher revenue.
EPS: NT$1.76 (up from NT$0.42 in 3Q 2023).

earnings-and-revenue-growth — TWSE:6768 Earnings and Revenue Growth November 15th 2024

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

Sports Gear Earnings Insights

Looking ahead, revenue is forecast to grow 17% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Luxury industry in Taiwan.

Performance of the Taiwanese Luxury industry.

The company's shares are down 2.5% from a week ago.

Risk Analysis

It's still necessary to consider the ever-present spectre of investment risk. We've identified 2 warning signs with Sports Gear, and understanding these should be part of your investment process.

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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.