SATS (SGX:S58) Full Year 2024 Results
Key Financial Results
- Revenue: S$5.15b (up 193% from FY 2023).
- Net income: S$53.2m (up from S$26.5m loss in FY 2023).
- Profit margin: 1.0% (up from net loss in FY 2023). The move to profitability was driven by higher revenue.
- EPS: S$0.036 (up from S$0.022 loss in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
SATS Revenues Beat Expectations, EPS Falls Short
Revenue exceeded analyst estimates by 1.2%. Earnings per share (EPS) missed analyst estimates by 11%.
Looking ahead, revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 7.9% growth forecast for the Infrastructure industry in Asia.
Performance of the market in Singapore.
The company's shares are up 10% 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 SATS that you need to be mindful of.
Valuation is complex, but we're helping make it simple.
Find out whether SATS is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.
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