Winmate Third Quarter 2024 Earnings: EPS: NT$2.01 (vs NT$2.05 in 3Q 2023)

Winmate (TWSE:3416) Third Quarter 2024 Results

Key Financial Results

• Revenue: NT$783.7m (up 15% from 3Q 2023).
• Net income: NT$160.4m (up 1.2% from 3Q 2023).
• Profit margin: 21% (down from 23% in 3Q 2023). The decrease in margin was driven by higher expenses.
• EPS: NT$2.01.

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

Winmate Earnings Insights

Looking ahead, revenue is forecast to grow 24% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Electronic industry in Taiwan.

Performance of the Taiwanese Electronic industry.

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

Risk Analysis

We should say that we've discovered 2 warning signs for Winmate that you should be aware of before investing here.

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