In This Article:
IGO (ASX:IGO) Full Year 2024 Results
Key Financial Results
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Revenue: AU$860.2m (down 16% from FY 2023).
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Net income: AU$2.80m (down 100% from FY 2023).
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Profit margin: 0.3% (down from 54% in FY 2023).
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EPS: AU$0.004 (down from AU$0.72 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
IGO EPS Misses Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 99%.
Looking ahead, revenue is expected to decline by 38% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Australia are expected to grow by 1.7%.
Performance of the Australian Metals and Mining industry.
The company's share price is broadly unchanged from a week ago.
Risk Analysis
Before we wrap up, we've discovered 3 warning signs for IGO that you should be aware of.
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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.