Topoint Technology Third Quarter 2024 Earnings: EPS: NT$0.48 (vs NT$0.24 in 3Q 2023)

Topoint Technology (TWSE:8021) Third Quarter 2024 Results

Key Financial Results

• Revenue: NT$961.8m (up 31% from 3Q 2023).
• Net income: NT$68.3m (up 97% from 3Q 2023).
• Profit margin: 7.1% (up from 4.7% in 3Q 2023). The increase in margin was driven by higher revenue.
• EPS: NT$0.48 (up from NT$0.24 in 3Q 2023).

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

Topoint Technology Earnings Insights

Looking ahead, revenue is forecast to grow 13% 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 down 1.3% from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 2 warning signs for Topoint Technology (1 is a bit unpleasant) you should be aware of.

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