MicroAlgo Full Year 2024 Earnings: EPS: CN¥10.52 (vs CN¥1,176 loss in FY 2023)

MicroAlgo (NASDAQ:MLGO) Full Year 2024 Results

Key Financial Results

• Revenue: CN¥541.5m (down 6.6% from FY 2023).
• Net income: CN¥38.6m (up from CN¥268.2m loss in FY 2023).
• Profit margin: 7.1% (up from net loss in FY 2023). The move to profitability was driven by lower expenses.
• EPS: CN¥10.52 (up from CN¥1,176 loss in FY 2023).

We've discovered 4 warning signs about MicroAlgo. View them for free.

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

MicroAlgo shares are down 44% from a week ago.

Risk Analysis

It's necessary to consider the ever-present spectre of investment risk. We've identified 4 warning signs with MicroAlgo (at least 3 which are concerning), and understanding these should be part of your investment process.

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