MAAS Group Holdings Full Year 2024 Earnings: Misses Expectations

In This Article:

MAAS Group Holdings (ASX:MGH) Full Year 2024 Results

Key Financial Results

  • Revenue: AU$911.4m (up 13% from FY 2023).

  • Net income: AU$73.0m (up 12% from FY 2023).

  • Profit margin: 8.0% (down from 8.1% in FY 2023).

  • EPS: AU$0.22 (up from AU$0.21 in FY 2023).

earnings-and-revenue-growth
earnings-and-revenue-growth

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

MAAS Group Holdings Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 9.9%. Earnings per share (EPS) also missed analyst estimates by 12%.

Looking ahead, revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Construction industry in Australia.

Performance of the Australian Construction industry.

The company's shares are up 7.4% from a week ago.

Risk Analysis

Be aware that MAAS Group Holdings is showing 2 warning signs in our investment analysis and 1 of those is a bit concerning...

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