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Parkmead Group Full Year 2024 Earnings: EPS Beats Expectations, Revenues Lag

In This Article:

Parkmead Group (LON:PMG) Full Year 2024 Results

Key Financial Results

  • Revenue: UK£5.72m (down 61% from FY 2023).

  • Net income: UK£4.94m (up from UK£42.3m loss in FY 2023).

  • Profit margin: 86% (up from net loss in FY 2023). The move to profitability was driven by lower expenses.

  • EPS: UK£0.045 (up from UK£0.39 loss in FY 2023).

earnings-and-revenue-history
AIM:PMG Earnings and Revenue History November 28th 2024

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

Parkmead Group EPS Beats Expectations, Revenues Fall Short

Revenue missed analyst estimates by 7.7%. Earnings per share (EPS) exceeded analyst estimates.

The company's shares are up 28% from a week ago.

Risk Analysis

You still need to take note of risks, for example - Parkmead Group has 3 warning signs (and 2 which are concerning) we think you should know about.

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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.