Findi (ASX:FND) Full Year 2024 Results

Key Financial Results

• Revenue: AU$66.5m (up 25% from FY 2023).

• Net income: AU$4.04m (up 66% from FY 2023).

• Profit margin: 6.1% (up from 4.6% in FY 2023). The increase in margin was driven by higher revenue.

• EPS: AU$0.10 (up from AU$0.067 in FY 2023).

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

Findi Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 1.1%. Earnings per share (EPS) missed analyst estimates by 1.2%.

Looking ahead, revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 6.9% decline forecast for the Diversified Financial industry in Australia.

Performance of the Australian Diversified Financial industry.

The company's shares are up 30% from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 2 warning signs for Findi (1 is concerning) 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.