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Velocity Capital Partner Berhad Full Year 2024 Earnings: EPS: RM0.007 (vs RM0.019 loss in FY 2023)

editorial-team@simplywallst.com (Simply Wall St)
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Velocity Capital Partner Berhad (KLSE:VELOCITY) Full Year 2024 Results

Key Financial Results

  • Revenue: RM65.8m (up 75% from FY 2023).

  • Net income: RM9.82m (up from RM26.6m loss in FY 2023).

  • Profit margin: 15% (up from net loss in FY 2023). The move to profitability was primarily driven by higher revenue.

  • EPS: RM0.007 (up from RM0.019 loss in FY 2023).

earnings-and-revenue-history
KLSE:VELOCITY Earnings and Revenue History September 1st 2024

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

Velocity Capital Partner Berhad's share price is broadly unchanged from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 2 warning signs for Velocity Capital Partner Berhad (1 is potentially serious!) that you need to be mindful of.

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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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