Edvantage Group Holdings (HKG:382) Full Year 2024 Results
Key Financial Results
- Revenue: CN¥2.31b (up 17% from FY 2023).
- Net income: CN¥714.7m (up 16% from FY 2023).
- Profit margin: 31% (in line with FY 2023).
- EPS: CN¥0.63 (up from CN¥0.56 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Edvantage Group Holdings EPS Beats Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 1.8%.
The primary driver behind last 12 months revenue was the PRC Higher Education and Vocational Education segment contributing a total revenue of CN¥2.27b (98% of total revenue). Notably, cost of sales worth CN¥1.19b amounted to 51% of total revenue thereby underscoring the impact on earnings. The largest operating expense was Sales & Marketing costs, amounting to CN¥413.8m (100% of total expenses). Over the last 12 months, the company's earnings were enhanced by non-operating gains of CN¥4.45m. Explore how 382's revenue and expenses shape its earnings.
Looking ahead, revenue is forecast to grow 7.6% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Consumer Services industry in Hong Kong.
Performance of the Hong Kong Consumer Services industry.
The company's shares are down 3.3% from a week ago.
Risk Analysis
Don't forget that there may still be risks. For instance, we've identified 1 warning sign for Edvantage Group Holdings that you should be aware of.
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