In This Article:
Marco Polo Marine (SGX:5LY) Full Year 2024 Results
Key Financial Results
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Revenue: S$123.5m (down 2.8% from FY 2023).
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Net income: S$21.7m (down 3.9% from FY 2023).
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Profit margin: 18% (in line with FY 2023).
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EPS: S$0.006 (in line with FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Marco Polo Marine Revenues and Earnings Miss Expectations
Revenue missed analyst estimates by 7.9%. Earnings per share (EPS) also missed analyst estimates by 24%.
Looking ahead, revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 2.8% decline forecast for the Shipping industry in Asia.
Performance of the market in Singapore.
The company's shares are down 1.9% from a week ago.
Risk Analysis
It is worth noting though that we have found 1 warning sign for Marco Polo Marine 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.