In This Article:
IPD Group (ASX:IPG) Full Year 2024 Results
Key Financial Results
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Revenue: AU$290.4m (up 28% from FY 2023).
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Net income: AU$22.4m (up 39% from FY 2023).
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Profit margin: 7.7% (up from 7.1% in FY 2023). The increase in margin was driven by higher revenue.
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EPS: AU$0.23 (up from AU$0.19 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
IPD Group EPS Beats Expectations, Revenues Fall Short
Revenue missed analyst estimates by 1.5%. Earnings per share (EPS) exceeded analyst estimates by 16%.
Looking ahead, revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Trade Distributors industry in Australia.
Performance of the Australian Trade Distributors industry.
The company's shares are up 6.9% from a week ago.
Risk Analysis
Before we wrap up, we've discovered 2 warning signs for IPD Group that you should be aware of.
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