In This Article:
Highwood Asset Management (CVE:HAM) Full Year 2024 Results
Key Financial Results
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Revenue: CA$109.5m (up 210% from FY 2023).
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Net income: CA$28.0m (down 39% from FY 2023).
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Profit margin: 26%.
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EPS: CA$1.88 (down from CA$4.75 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Highwood Asset Management Revenues and Earnings Miss Expectations
Revenue missed analyst estimates by 27%. Earnings per share (EPS) also missed analyst estimates by 14%.
Looking ahead, revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 2.9% growth forecast for the Oil and Gas industry in Canada.
Performance of the Canadian Oil and Gas industry.
The company's shares are up 12% from a week ago.
Risk Analysis
Before you take the next step you should know about the 4 warning signs for Highwood Asset Management (1 is a bit unpleasant!) that we have uncovered.
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