Viva Biotech Holdings (HKG:1873) Full Year 2024 Results
Key Financial Results
- Revenue: CN¥1.99b (down 7.8% from FY 2023).
- Net income: CN¥167.3m (up from CN¥116.1m loss in FY 2023).
- Profit margin: 8.4% (up from net loss in FY 2023).
- EPS: CN¥0.078 (up from CN¥0.06 loss in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Viva Biotech Holdings Earnings Insights
The primary driver behind last 12 months revenue was the Contract Development Manufacture Organisation (CDMO) and Commercialisation Services segment contributing a total revenue of CN¥1.18b (59% of total revenue). Notably, cost of sales worth CN¥1.30b amounted to 65% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to CN¥257.5m (50% of total expenses). Explore how 1873's revenue and expenses shape its earnings.
Looking ahead, revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Life Sciences industry in Hong Kong.
Performance of the Hong Kong Life Sciences industry.
The company's shares are up 9.6% from a week ago.
Risk Analysis
What about risks? Every company has them, and we've spotted 2 warning signs for Viva Biotech Holdings (of which 1 is a bit unpleasant!) you should know about.
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