African Media Entertainment First Half 2024 Earnings: EPS: R2.08 (vs R1.50 in 1H 2023)

African Media Entertainment (JSE:AME) First Half 2024 Results

Key Financial Results

• Revenue: R143.1m (up 11% from 1H 2023).
• Net income: R14.6m (up 26% from 1H 2023).
• Profit margin: 10% (up from 9.0% in 1H 2023). The increase in margin was driven by higher revenue.
• EPS: R2.08 (up from R1.50 in 1H 2023).

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

African Media Entertainment shares are up 17% from a week ago.

Risk Analysis

It's necessary to consider the ever-present spectre of investment risk. We've identified 3 warning signs with African Media Entertainment (at least 1 which shouldn't be ignored), and understanding them should be part of your investment process.

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