Autosports Group (ASX:ASG) Full Year 2024 Results

Key Financial Results

• Revenue: AU$2.65b (up 12% from FY 2023).

• Net income: AU$61.5m (down 6.0% from FY 2023).

• Profit margin: 2.3% (down from 2.8% in FY 2023). The decrease in margin was driven by higher expenses.

• EPS: AU$0.30 (down from AU$0.33 in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Autosports Group Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 3.0%. Earnings per share (EPS) also missed analyst estimates by 12%.

Looking ahead, revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Specialty Retail industry in Australia.

Performance of the Australian Specialty Retail industry.

The company's share price is broadly unchanged from a week ago.

Valuation

Following the latest earnings results, Autosports Group may be undervalued based on 6 different valuation benchmarks we assess. Click here to view our comprehensive analysis and gain insights into the stock's investment prospects.

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