Newborn Town (HKG:9911) Full Year 2024 Results
Key Financial Results
- Revenue: CN¥5.09b (up 54% from FY 2023).
- Net income: CN¥480.3m (down 6.3% from FY 2023).
- Profit margin: 9.4% (down from 16% in FY 2023). The decrease in margin was driven by higher expenses.
- EPS: CN¥0.42 (down from CN¥0.45 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Newborn Town Revenues and Earnings Beat Expectations
Revenue exceeded analyst estimates by 4.7%. Earnings per share (EPS) also surpassed analyst estimates by 2.4%.
Looking ahead, revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 8.2% growth forecast for the Interactive Media and Services industry in Hong Kong.
Performance of the Hong Kong Interactive Media and Services industry.
The company's shares are up 6.8% from a week ago.
Risk Analysis
It's still necessary to consider the ever-present spectre of investment risk. We've identified 2 warning signs with Newborn Town, and understanding them should be part of your investment process.
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