In This Article:
Capita (LON:CPI) Full Year 2024 Results
Key Financial Results
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Revenue: UK£2.42b (down 14% from FY 2023).
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Net income: UK£76.7m (up from UK£178.1m loss in FY 2023).
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Profit margin: 3.2% (up from net loss in FY 2023).
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EPS: UK£0.045 (up from UK£0.11 loss in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Capita Revenues and Earnings Beat Expectations
Revenue exceeded analyst estimates by 2.2%. Earnings per share (EPS) also surpassed analyst estimates by 75%.
The primary driver behind last 12 months revenue was the Capita Public Service segment contributing a total revenue of UK£1.41b (58% of total revenue). Notably, cost of sales worth UK£1.86b amounted to 77% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to UK£439.4m (91% of total expenses). Explore how CPI's revenue and expenses shape its earnings.
Looking ahead, revenue is forecast to grow 1.6% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the Professional Services industry in the United Kingdom.
Performance of the British Professional Services industry.
The company's share price is broadly unchanged from a week ago.
Risk Analysis
It's still necessary to consider the ever-present spectre of investment risk. We've identified 1 warning sign with Capita, and understanding this should be part of your investment process.
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