Nu-World Holdings Full Year 2024 Earnings: EPS: R3.52 (vs R3.30 in FY 2023)

Nu-World Holdings (JSE:NWL) Full Year 2024 Results

Key Financial Results

• Revenue: R2.06b (up 8.3% from FY 2023).
• Net income: R73.9m (up 4.7% from FY 2023).
• Profit margin: 3.6% (down from 3.7% in FY 2023). The decrease in margin was driven by higher expenses.
• EPS: R3.52 (up from R3.30 in FY 2023).

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

The primary driver behind last 12 months revenue was the South Africa segment contributing a total revenue of R1.26b (61% of total revenue). Notably, cost of sales worth R1.65b amounted to 80% of total revenue thereby underscoring the impact on earnings. The largest operating expense was Sales & Marketing costs, amounting to R216.5m (60% of total expenses). Over the last 12 months, the company's earnings were enhanced by non-operating gains of R30.2m. Explore how NWL's revenue and expenses shape its earnings.

Nu-World Holdings' share price is broadly unchanged from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 3 warning signs for Nu-World Holdings (of which 1 is potentially serious!) you should know about.

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