AInnovation Technology Group (HKG:2121) Full Year 2024 Results
Key Financial Results
- Revenue: CN¥1.22b (down 30% from FY 2023).
- Net loss: CN¥593.8m (loss widened by 2.0% from FY 2023).
- CN¥1.09 loss per share (further deteriorated from CN¥1.05 loss in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
AInnovation Technology Group Revenues Beat Expectations, EPS Falls Short
Revenue exceeded analyst estimates by 2.1%. Earnings per share (EPS) missed analyst estimates by 60%.
Looking ahead, revenue is forecast to grow 18% p.a. on average during the next 2 years, compared to a 22% growth forecast for the Software industry in Hong Kong.
Performance of the Hong Kong Software industry.
The company's shares are down 8.9% from a week ago.
Risk Analysis
You should learn about the 2 warning signs we've spotted with AInnovation Technology Group.
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