PWR Holdings Full Year 2024 Earnings: Revenues Miss Expectations

In This Article:

PWR Holdings (ASX:PWH) Full Year 2024 Results

Key Financial Results

  • Revenue: AU$99.7m (down 16% from FY 2023).

  • Net income: AU$21.0m (down 3.5% from FY 2023).

  • Profit margin: 21% (up from 18% in FY 2023). The increase in margin was driven by lower expenses.

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

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

PWR Holdings Revenues Disappoint

Revenue missed analyst estimates by 2.8%.

Looking ahead, revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 8.9% growth forecast for the Global Auto Components industry.

Performance of the market in Australia.

The company's shares are down 11% from a week ago.

Balance Sheet Analysis

Just as investors must consider earnings, it is also important to take into account the strength of a company's balance sheet. See our latest analysis on PWR Holdings' balance sheet health.

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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.