Data#3 (ASX:DTL) Full Year 2024 Results

Key Financial Results

• Revenue: AU$805.7m (flat on FY 2023).

• Net income: AU$43.3m (up 17% from FY 2023).

• Profit margin: 5.4% (up from 4.6% in FY 2023).

• EPS: AU$0.28 (up from AU$0.24 in FY 2023).

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

Data#3 Revenues Disappoint

Revenue missed analyst estimates by 3.1%. Earnings per share (EPS) was mostly in line with analyst estimates.

The primary driver behind last 12 months revenue was the Australia segment contributing a total revenue of AU$804.9m (100% of total revenue). Notably, cost of sales worth AU$726.2m amounted to 90% of total revenue thereby underscoring the impact on earnings.Explore how DTL's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 34% p.a. on average during the next 3 years, compared to a 14% growth forecast for the IT industry in Australia.

Performance of the Australian IT industry.

The company's shares are down 5.4% from a week ago.

Risk Analysis

Before you take the next step you should know about the 1 warning sign for Data#3 that we have uncovered.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.