Change Financial (ASX:CCA) Full Year 2024 Results

Key Financial Results

• Revenue: US$10.6m (up 22% from FY 2023).

• Net loss: US$2.57m (loss narrowed by 12% from FY 2023).

• US$0.004 loss per share (improved from US$0.005 loss in FY 2023).

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

Change Financial Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 5.0%. Earnings per share (EPS) missed analyst estimates by 52%.

Looking ahead, revenue is forecast to grow 24% p.a. on average during the next 3 years, compared to a 9.4% decline forecast for the Diversified Financial industry in Australia.

Performance of the Australian Diversified Financial industry.

The company's shares are down 6.7% from a week ago.

Risk Analysis

We should say that we've discovered 1 warning sign for Change Financial that you should be aware of before investing here.

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