In This Article:
Verve Group (ETR:M8G) Full Year 2024 Results
Key Financial Results
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Revenue: €461.9m (up 33% from FY 2023).
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Net income: €28.8m (down 38% from FY 2023).
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Profit margin: 6.2% (down from 13% in FY 2023).
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EPS: €0.17 (down from €0.29 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Verve Group Revenues Beat Expectations, EPS Falls Short
Revenue exceeded analyst estimates by 4.6%. Earnings per share (EPS) missed analyst estimates by 9.8%.
Looking ahead, revenue is forecast to grow 9.6% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Media industry in Germany.
Performance of the German Media industry.
The company's shares are down 20% from a week ago.
Risk Analysis
We should say that we've discovered 5 warning signs for Verve Group (1 doesn't sit too well with us!) that you should be aware of before investing here.
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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.