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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).

earnings-and-revenue-growth
earnings-and-revenue-growth

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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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.