In This Article:
Humm Group (ASX:HUM) Full Year 2024 Results
Key Financial Results
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Revenue: AU$243.7m (down 1.7% from FY 2023).
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Net income: AU$1.90m (up from AU$1.70m loss in FY 2023).
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Profit margin: 0.8% (up from net loss in FY 2023).
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EPS: AU$0.004 (up from AU$0.003 loss in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Humm Group Revenues and Earnings Beat Expectations
Revenue exceeded analyst estimates by 1.7%. Earnings per share (EPS) also surpassed analyst estimates.
The primary driver behind last 12 months revenue was the Commercial and Leasing segment contributing a total revenue of AU$86.1m (35% of total revenue). The largest operating expense was General & Administrative costs, amounting to AU$91.9m (67% of total expenses). Explore how HUM's revenue and expenses shape its earnings.
Looking ahead, revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 9.4% growth forecast for the Consumer Finance industry in Australia.
Performance of the Australian Consumer Finance industry.
The company's shares are up 39% from a week ago.
Risk Analysis
It is worth noting though that we have found 3 warning signs for Humm Group (2 are a bit concerning!) that you need to take into consideration.
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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.