COSOL Full Year 2024 Earnings: Misses Expectations
COSOL (ASX:COS) Full Year 2024 Results
Key Financial Results
Revenue: AU$102.0m (up 36% from FY 2023).
Net income: AU$8.52m (up 6.7% from FY 2023).
Profit margin: 8.4% (down from 11% in FY 2023). The decrease in margin was driven by higher expenses.
EPS: AU$0.05.
All figures shown in the chart above are for the trailing 12 month (TTM) period
COSOL Revenues and Earnings Miss Expectations
Revenue missed analyst estimates by 5.3%. Earnings per share (EPS) also missed analyst estimates by 11%.
Looking ahead, revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Software industry in Australia.
Performance of the Australian Software industry.
The company's share price is broadly unchanged from a week ago.
Risk Analysis
Be aware that COSOL is showing 1 warning sign in our investment analysis that you should know about...
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