In This Article:
P10 (NYSE:PX) Full Year 2024 Results
Key Financial Results
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Revenue: US$296.4m (up 23% from FY 2023).
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Net income: US$18.7m (up from US$7.13m loss in FY 2023).
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Profit margin: 6.3% (up from net loss in FY 2023). The move to profitability was driven by higher revenue.
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EPS: US$0.17 (up from US$0.061 loss in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
P10 Revenues and Earnings Beat Expectations
Revenue exceeded analyst estimates by 1.9%. Earnings per share (EPS) also surpassed analyst estimates by 6.7%.
Looking ahead, revenue is forecast to grow 5.4% p.a. on average during the next 2 years, compared to a 5.8% growth forecast for the Capital Markets industry in the US.
Performance of the American Capital Markets industry.
The company's shares are down 6.2% from a week ago.
Risk Analysis
You should learn about the 3 warning signs we've spotted with P10 (including 2 which are significant).
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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.