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Motorpoint Group Full Year 2024 Earnings: Misses Expectations

In This Article:

Motorpoint Group (LON:MOTR) Full Year 2024 Results

Key Financial Results

  • Revenue: UK£1.09b (down 25% from FY 2023).

  • Net loss: UK£8.40m (loss widened by UK£7.80m from FY 2023).

  • UK£0.093 loss per share (further deteriorated from UK£0.007 loss in FY 2023).

earnings-and-revenue-history
LSE:MOTR Earnings and Revenue History June 17th 2024

All figures shown in the chart above are for the trailing 12 month (TTM) period

Motorpoint Group Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 2.2%. Earnings per share (EPS) also missed analyst estimates by 33%.

Looking ahead, revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Specialty Retail industry in the United Kingdom.

Performance of the British Specialty Retail industry.

The company's shares are down 1.8% from a week ago.

Risk Analysis

It is worth noting though that we have found 1 warning sign for Motorpoint Group 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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