Dropsuite First Half 2024 Earnings: EPS: AU$0.004 (vs AU$0.012 in 1H 2023)

[email protected] (Simply Wall St)
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Dropsuite (ASX:DSE) First Half 2024 Results

Key Financial Results

  • Revenue: AU$18.9m (up 34% from 1H 2023).

  • Net income: AU$273.0k (down 67% from 1H 2023).

  • Profit margin: 1.4% (down from 5.9% in 1H 2023). The decrease in margin was driven by higher expenses.

  • EPS: AU$0.004 (down from AU$0.012 in 1H 2023).

earnings-and-revenue-growth
earnings-and-revenue-growth

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

Dropsuite Earnings Insights

Looking ahead, revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Software industry in Australia.

Performance of the Australian Software industry.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

You still need to take note of risks, for example - Dropsuite has 1 warning sign we think you should be aware of.

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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.

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