Kanzhun Full Year 2024 Earnings: In Line With Expectations

Kanzhun (NASDAQ:BZ) Full Year 2024 Results

Key Financial Results

• Revenue: CN¥7.36b (up 24% from FY 2023).
• Net income: CN¥1.58b (up 44% from FY 2023).
• Profit margin: 22% (up from 19% in FY 2023). The increase in margin was driven by higher revenue.
• EPS: CN¥3.59 (up from CN¥2.53 in FY 2023).

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

Kanzhun Meets Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) was also in line with analyst expectations.

Looking ahead, revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Interactive Media and Services industry in the US.

Performance of the American Interactive Media and Services industry.

The company's shares are up 13% from a week ago.

Balance Sheet Analysis

While earnings are important, another area to consider is the balance sheet. See our latest analysis on Kanzhun's balance sheet health.

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