momo.com Full Year 2024 Earnings: EPS Beats Expectations

momo.com (TWSE:8454) Full Year 2024 Results

Key Financial Results

• Revenue: NT$112.6b (up 3.0% from FY 2023).
• Net income: NT$3.45b (down 4.8% from FY 2023).
• Profit margin: 3.1% (down from 3.3% in FY 2023). The decrease in margin was driven by higher expenses.
• EPS: NT$13.69 (down from NT$14.38 in FY 2023).

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

momo.com EPS Beats Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 2.5%.

Looking ahead, revenue is forecast to grow 8.0% p.a. on average during the next 2 years, compared to a 7.7% growth forecast for the Multiline Retail industry in Asia.

Performance of the market in Taiwan.

The company's shares are up 2.1% from a week ago.

Risk Analysis

Before you take the next step you should know about the 1 warning sign for momo.com that we have uncovered.

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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.