In This Article:
Mercia Asset Management (LON:MERC) Full Year 2024 Results
Key Financial Results
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Revenue: UK£30.4m (up 18% from FY 2023).
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Net loss: UK£7.59m (down by 368% from UK£2.84m profit in FY 2023).
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UK£0.017 loss per share (down from UK£0.006 profit in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Mercia Asset Management Earnings Insights
In the last 12 months, the only revenue segment was Proactive Specialist Asset Management contributing UK£30.4m. The largest operating expense was General & Administrative costs, amounting to UK£26.4m (69% of total expenses). Explore how MERC's revenue and expenses shape its earnings.
Looking ahead, revenue is forecast to grow 8.4% p.a. on average during the next 2 years, compared to a 4.6% growth forecast for the Capital Markets industry in the United Kingdom.
Performance of the British Capital Markets industry.
The company's shares are up 9.8% from a week ago.
Risk Analysis
It is worth noting though that we have found 1 warning sign for Mercia Asset Management 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.
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