hipages Group Holdings Full Year 2024 Earnings: Revenues Beat Expectations
hipages Group Holdings (ASX:HPG) Full Year 2024 Results
Key Financial Results
Revenue: AU$75.8m (up 13% from FY 2023).
Net income: AU$3.56m (up from AU$5.14m loss in FY 2023).
Profit margin: 4.7% (up from net loss in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
hipages Group Holdings Revenues Beat Expectations
Revenue exceeded analyst estimates by 1.2%.
Looking ahead, revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 7.4% growth forecast for the Interactive Media and Services industry in Australia.
Performance of the Australian Interactive Media and Services industry.
The company's shares are up 27% from a week ago.
Risk Analysis
We don't want to rain on the parade too much, but we did also find 1 warning sign for hipages Group Holdings that you need to be mindful of.
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