MYT Netherlands Parent B.V Full Year 2024 Earnings: EPS Misses Expectations

MYT Netherlands Parent B.V (NYSE:MYTE) Full Year 2024 Results

Key Financial Results

• Revenue: €840.9m (up 9.4% from FY 2023).
• Net loss: €24.9m (loss widened by 65% from FY 2023).
• €0.29 loss per share (further deteriorated from €0.17 loss in FY 2023).

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

MYT Netherlands Parent B.V EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 29%.

Looking ahead, revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 4.9% growth forecast for the Specialty Retail industry in the US.

Performance of the American Specialty Retail industry.

The company's share price is broadly unchanged from a week ago.

Balance Sheet Analysis

While earnings are important, another area to consider is the balance sheet. We have a graphic representation of MYT Netherlands Parent B.V's balance sheet and an in-depth analysis of the company's financial position.

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