Propel Funeral Partners (ASX:PFP) Full Year 2024 Results

Key Financial Results

• Revenue: AU$209.2m (up 24% from FY 2023).

• Net income: AU$17.8m (down 6.3% from FY 2023).

• Profit margin: 8.5% (down from 11% in FY 2023). The decrease in margin was driven by higher expenses.

• EPS: AU$0.14 (down from AU$0.16 in FY 2023).

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

Propel Funeral Partners Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 1.4%. Earnings per share (EPS) also missed analyst estimates by 14%.

Looking ahead, revenue is forecast to grow 7.1% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Consumer Services industry in Australia.

Performance of the Australian Consumer Services industry.

The company's shares are down 1.2% from a week ago.

Risk Analysis

You still need to take note of risks, for example - Propel Funeral Partners has 1 warning sign we think you should be aware of.

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