Emerald Resources (ASX:EMR) Full Year 2024 Results

Key Financial Results

• Revenue: AU$373.0m (up 25% from FY 2023).

• Net income: AU$84.3m (up 17% from FY 2023).

• Profit margin: 23% (down from 24% in FY 2023). The decrease in margin was driven by higher expenses.

• EPS: AU$0.14 (up from AU$0.12 in FY 2023).

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

Emerald Resources Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 2.4%. Earnings per share (EPS) missed analyst estimates by 21%.

Looking ahead, revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 1.5% growth forecast for the Metals and Mining industry in Australia.

Performance of the Australian Metals and Mining industry.

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

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 1 warning sign for Emerald Resources that you should be aware of.

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