Sylvania Platinum (LON:SLP) Full Year 2024 Results

Key Financial Results

• Revenue: US$81.7m (down 37% from FY 2023).

• Net income: US$6.98m (down 85% from FY 2023).

• Profit margin: 8.5% (down from 35% in FY 2023). The decrease in margin was driven by lower revenue.

• EPS: US$0.027 (down from US$0.17 in FY 2023).

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

Sylvania Platinum EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 22%.

Looking ahead, revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 1.4% growth forecast for the Metals and Mining industry in the United Kingdom.

Performance of the British Metals and Mining industry.

The company's shares are down 19% from a week ago.

Risk Analysis

It's necessary to consider the ever-present spectre of investment risk. We've identified 2 warning signs with Sylvania Platinum (at least 1 which is a bit unpleasant), and understanding these should be part of your investment process.

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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.