In This Article:
Able View Global (NASDAQ:ABLV) Full Year 2024 Results
Key Financial Results
-
Revenue: US$128.9m (down 14% from FY 2023).
-
Net loss: US$7.42m (down by 179% from US$9.44m profit in FY 2023).
-
US$0.17 loss per share (down from US$0.24 profit in FY 2023).
Our free stock report includes 4 warning signs investors should be aware of before investing in Able View Global. Read for free now.
All figures shown in the chart above are for the trailing 12 month (TTM) period
In the last 12 months, the only revenue segment was Advertising contributing US$128.9m. Notably, cost of sales worth US$117.1m amounted to 91% of total revenue thereby underscoring the impact on earnings. The largest operating expense was Sales & Marketing costs, amounting to US$14.1m (69% of total expenses). Over the last 12 months, the company's earnings were enhanced by non-operating gains of US$1.41m. Explore how ABLV's revenue and expenses shape its earnings.
Able View Global shares are up 19% from a week ago.
Risk Analysis
You still need to take note of risks, for example - Able View Global has 4 warning signs (and 2 which shouldn't be ignored) we think you should know about.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
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.