Culturecom Holdings (HKG:343) Full Year 2024 Results
Key Financial Results
- Revenue: HK$20.2m (down 34% from FY 2023).
- Net loss: HK$20.8m (loss narrowed by 44% from FY 2023).
- HK$0.012 loss per share (improved from HK$0.022 loss in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
The primary driver behind last 12 months revenue was the Publishing and Intellectual Properties Licensing segment contributing a total revenue of HK$15.1m (75% of total revenue). Notably, cost of sales worth HK$10.3m amounted to 51% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to HK$28.1m (74% of total expenses). Over the last 12 months, the company's earnings were enhanced by non-operating gains of HK$7.28m. Explore how 343's revenue and expenses shape its earnings.
Culturecom Holdings shares are up 3.2% from a week ago.
Risk Analysis
Before you take the next step you should know about the 3 warning signs for Culturecom Holdings that we have uncovered.
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