In This Article:
Seatrium (SGX:5E2) Full Year 2024 Results
Key Financial Results
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Revenue: S$9.23b (up 27% from FY 2023).
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Net income: S$156.8m (up from S$2.02b loss in FY 2023).
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Profit margin: 1.7% (up from net loss in FY 2023). The move to profitability was primarily driven by higher revenue.
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EPS: S$0.046 (up from S$0.65 loss in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Seatrium Revenues and Earnings Beat Expectations
Revenue exceeded analyst estimates by 14%. Earnings per share (EPS) also surpassed analyst estimates by 11%.
Looking ahead, revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Machinery industry in Singapore.
Performance of the Singaporean Machinery industry.
The company's shares are down 7.8% from a week ago.
Balance Sheet Analysis
Just as investors must consider earnings, it is also important to take into account the strength of a company's balance sheet. See our latest analysis on Seatrium's balance sheet health.
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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.