Rakon (NZSE:RAK) Full Year 2024 Results

Key Financial Results

• Revenue: NZ$128.0m (down 29% from FY 2023).

• Net income: NZ$4.52m (down 81% from FY 2023).

• Profit margin: 3.5% (down from 13% in FY 2023). The decrease in margin was driven by lower revenue.

• EPS: NZ$0.02 (down from NZ$0.10 in FY 2023).

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

Rakon Earnings Insights

Looking ahead, revenue is forecast to grow 19% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Electronic industry in Oceania.

Performance of the market in New Zealand.

The company's shares are down 3.4% from a week ago.

Risk Analysis

Before you take the next step you should know about the 2 warning signs for Rakon (1 is potentially serious!) that we have uncovered.

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